Word: hauls
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...threat to the majors from the discounters has become very real. Carriers like Ryanair, easyJet, Buzz and Go, which concentrate on short-haul routes, have been almost impervious to the downturn in transatlantic travel. They're thriving. Ryanair, which earlier this month became Europe's most valuable airline with a market capitalization of $5 billion, announced a 39% rise in profits for the six months ending Sept. 30. EasyJet posted an annual profit of $58 million...
...Indians and Japanese are switching from longer-haul destinations in Europe or the U.S. to places closer to home. In September, Hong Kong saw a 20% jump in traffic from India...
...parks and at Disneyland, on battlefields and factory floors, but especially on downtown sidewalks from Seattle to Shanghai. "Cars are great for going long distances," Kamen says, "but it makes no sense at all for people in cities to use a 4,000-lb. piece of metal to haul their 150-lb. asses around town." In the future he envisions, cars will be banished from urban centers to make room for millions of "empowered pedestrians"--empowered, naturally, by Kamen's brainchild...
...that its pretax profits for the third quarter had plunged from $290 million to $7.3 million and that it was expecting a significant loss for the year. But not all European carriers are struggling. Ryanair, easyJet, Buzz and Go--inspired by U.S. discounting pioneer Southwest Air--concentrate on short-haul routes, and have been almost impervious to the downturn in transatlantic traffic. Sure, there are fewer American tourists booking weekend excursions from London to Dublin, but business traffic and leisure travelers taking advantage of sale fares have more than made up for their absence. Ryanair recently announced a 39% rise...
...basically just sat on top of the AEPi U-Haul and yelled the names of people I saw that I knew,” Koshelev said...