Word: carriers
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Dates: during 2000-2009
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...terror, with its surrogate warlord armies and American soldiers dispatched to far-flung regions of the globe, has become reminiscent, at least in Asia, of last century's cold war against communism. U.S. troops are already in combat zones in two Asian countries; American aircraft carrier battle groups regularly crisscross the region; Washington is viewing its Asian allies and conceiving Far Eastern policy through the prism of a single, overriding issue?and stepping up the funding of regimes or institutions that had previously been anathema. On Aug. 2, Secretary of State Colin Powell, at the end of an eight-country...
...Siena or the sexy allure of St. Tropez, but it has something potentially better - an airport. For years, the sunny southern Austrian town was just about nowhere on the list of British vacationers' choices. But Klagenfurt is one of the newest destinations for Ryanair, the no-frills Irish carrier. The tourists are pouring...
...grounds for optimism. Earlier this year, Ireland's Ryanair announced a 44% increase in earnings over the previous year, despite a fall in the average fare price. EasyJet has reported passenger growth of up to 43% in year-on-year comparisons. The carrier has just completed a 3590 million takeover of fellow bare-bones airline Go, once owned by British Airways. The deal marks the low-cost industry's first consolidation and makes easyJet its largest player, operating 81 routes and serving 32 destinations...
...Airport. The Berlin-based, former charter airline Germania is also focused on the budget traveler. From December, Brussels-based Virgin Express is planning flights from Cologne-Bonn Airport. Even German flagship Lufthansa appears to be getting the message; last month it gave its blessing to a proposal by German carrier Eurowings, in which it has a key shareholding, to enter the budget fray. Soon, Germans may discover what travelers from Britain now take for granted: for the consumer, no-frills fares are just fine...
...BOURSE Selling Up and Away The French government last week announced plans to reduce its 54.4% stake in flag carrier Air France. It would be the first step in a program of part and full privatizations to raise state funds...