Word: low-cost
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...view, especially that of investors, has been jaundiced in recent years. Foreign direct investment is not expected to increase in Malaysia this year, officials say, a prospect that underlines concern among many analysts over whether the country can compete with tough players such as high-tech Singapore and low-cost China. Abdullah's reformist image got a vote of confidence last month, when the $167 billion California Public Employees Retirement System said it was putting Malaysia back on its list of investment destinations. It dropped Malaysia in 2002 citing, among other factors, inadequate transparency in the country's financial...
...airlines argue that the big carriers should not be given government help while they devote millions of dollars to undermining their lower-cost and lower-fare competitors. The CEOs cite as an example United's decision to spend money to repaint some of its planes and start a new low-cost airline called...
...future with 900 H&M stores in 18 countries back in 1947, when he opened a dress shop called Hennes (hers, in Swedish) in a suburb of Stockholm. But from the start, he was confident that his idea of stylish but inexpensive fashion--inspired by American high-volume, low-cost clothing stores--could have appeal well beyond Sweden...
...disaster for consumers, and for low-fare air travel all over Europe." Few agreed - no-frills airlines Air Polonia and France's Axis Airways even inked deals to begin using the Belgian hub - but no one thinks the war is over. "All Ryanair's deals with government-owned airports will have to be revisited," says Chris Avery, airline analyst at J.P. Morgan. France may prove the primary battleground. Europe's largest low-cost carrier, Ryanair shuttles in and out of 16 publicly owned airports in the country, paying discount charges to the regional airports' authorities. The Commission says...
...Clipped Wings Paying the price for two years of rapid capacity growth, low-cost airline Ryanair announced profits for the current fiscal year would plummet by as much as 10% - the Irish carrier's first profit warning since going public...