Word: carriere
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...government suggested last summer that it might sell its stake in SIA. It is also considering allowing a low-fare competitor to start up at Changi. SIA executives say they could respond by converting SilkAir, their Asian regional carrier, into a low-fare airline...
...against Lafayette in Week 5, and he’s been the most consistent third-down threat—again, in both running and passing situations—for a Harvard team that lacks the pile-moving power of a big ball-carrier at tailback.“I’ve been able to perform this year, and Coach Murphy believes in me, he believes I can perform, and that’s something that I’m thankful for,” Van Niel says. “Thus far, it’s been a really...
Asia's major airlines will soon start feeling the pinch. Airline analysts and executives expect budget carriers to drag down fares throughout Asia. Both Singapore Airlines and Hong Kong's Cathay Pacific, Asia's premier airlines, deny they are cutting prices in response to this new threat. But they have been offering what they call routine special promotions. In May Cathay Pacific sold round trips between Hong Kong and Singapore for $128even less than the $160 fare offered by Singapore-based low-cost carrier Valuair, which started flying that same month. Major airlines "have been advertising prices even lower than...
With so many budget carriers starting up, they might be a bigger threat to one another than to the major carriers. Thailand has no fewer than seven low-cost operators. In September, Singapore's A-Sonic Aerospace said it plans to start a budget carrier in China with a Chinese state company. Tiny Singapore will be home to three low-cost airlines: Valuair, Jetstar Asia (which boasts Australia's Qantas Airways as a large shareholder) and Tiger Airways (backed by Singapore Airlines). "We'll grow as quickly as we can and fly wherever we can," vows Stephen Johnson of Indigo...
...September flights, AirAsia countered with a 29 fare. Fernandes advertised the promotion with his usual flair. Ads showing two beautiful flight attendants draped over a subdued tiger boasted, "AirAsia tames even the wildest tiger." Udom Tantiprasongchai, chief executive of Orient Thai Airlines, says fierce competition from AirAsia and flag carrier Thai Airways forced him to slash the fare on his One-Two-Go budget service from Bangkok to Chiang Mai to less than $25, about 30% lower than he had planned. At that price, he admitted, he lost money. But Udom has wreaked revenge. He says he routinely employs...