Word: one-way
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People's flight plan has always been to offer fares so low that almost anyone can afford to come on board. The introductory one-way ticket prices on its new routes are some of its best bargains ever: $29 from Newark to Montreal, $99 to Brussels, $49 to Atlanta and $69 to Dallas. Before last week the least expensive flight between the New York-Newark area and Atlanta was Delta's $99 one-way fare. Passengers were required to buy those tickets one month in advance. Even a 19-hour Greyhound bus trip over the route costs $104. No wonder...
...one-way form of translation: the filmed flesh, the visible image, seems to have the advantage. Great movie characters do not often beat on the gates of prose, begging to be turned back into words. (Movies get "novelized" sometimes, of course, but novelization is merely a spin-off, like a doll or a T shirt.) Margaret Mitchell's Gone With the Wind sold a million copies in its first seven months. After the movie appeared, Rhett Butler was irreversibly Clark Gable. Scarlett O'Hara was Vivien Leigh. Mitchell's prose withered to the irrelevance of an architect's blueprint after...
...walkouts, severe weather or other factors beyond the airlines' control. The carriers are livid. The Association of European Airlines insists the rules could add €400 million to the annual costs of its 30 members, denting margins. Damages for cancellation or denied boarding could be five times the average one-way fare offered by many low-cost flyers, insists Jan Skeels, secretary-general of the European Low Fares Airline Association. Trade groups have lodged complaints with the European Court of Justice, which is expected to rule before the year is out. Until then, airlines will have to, well, wait...
...make consumers pay for a bigger share of airline security, Bush wants to raise taxes from $2.50 to $5.50 on one-way flights. But in the tortured jargon of budgets, this hike will be labeled a "fee." Whatever you call it, you can be sure that the ailing airline industry will fight hard to keep this from getting off the ground...
...consequences of the dollar's decline. China's sidewalk banks--illegal but tolerated money changers--are doing a land-office business swapping dollars for renminbi (RMB), the Chinese currency, because canny Chinese now think that the RMB is a "safer" currency than the greenback. They are making the same "one-way bet" as currency traders all over the world, who calculate that the only way in which the record U.S. trade deficit can be brought under control is if the dollar declines, hence making American exports relatively cheaper in foreign markets and, say, Chinese imports relatively more expensive at your...