Word: discounts
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...flock of discount carriers is taking wing this year, bringing lower prices and tougher competition around the world. Orient Thai Airlines launched low-fare One-Two-Go in December to defend its turf from newcomers like AirAsia. Elsewhere in Asia, elite Singapore Airlines is rolling out the cheap seats on its new discount marquee, Tiger Airways, which launches later this year, partly to fend off upstart ValuAir, which has set a May debut...
However, this humbling loss was merely fleeting in the face of the huge showing of hospitality the team received from Peking University, as well as the media attention and substantial crowds at their matches. One team member was especially pleased by a massage discount he enjoyed simply for being a Harvard student. Harvard public policy professor Kenneth Rogoff was impressed by the magnitude of the match, noting that “beating giant [Peking] University in chess is arguably akin to beating an Ohio State or a Miami in football.” In addition to his academic duties, Rogoff...
...heedless spending though. Lynn Franco, director of the Consumer Research Center at the Conference Board, an economic-research group that closely tracks consumer confidence, notes that the TV upgrades are typical of a purge-and-splurge shopping style that has emerged in the age of big-box discounters. "Consumers will trade up and buy down at the same time," Franco says. "They'll shop at Wal-Mart and buy a Lexus." With their relentless discount shopping and the occasional affordable luxury, consumers have kept the economic recovery going...
...PUMP WHERE YOU SHOP. Prices at wholesale clubs like Costco, Sam's Club and BJ's Wholesale Club can be significantly cheaper than most retail gas stations, although you have to be a member to get the best discount. BJ's lists stores with gas pumps on its website, www.bjs.com...
...company had counted on at least 10 million people and 5 million tons of merchandise to travel through the tunnel annually by 2000. What they didn't count on was the popularity of discount airlines. Hence, in 2003, after eight full years of operations, Eurotunnel counted just 6.3 million passengers and 1.7 million tons of freight, and posted a €1.9 billion loss. The income shortfall has left the company scarcely able to honor payments to creditor banks, much less post profits or pay dividends. Financial aid from the British or French governments is explicitly prohibited in the 1986 treaty...