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...symbolic achievement, it's something no other airline in the world had done. The biggest carriers--American, Lufthansa, British Airways and Singapore Airlines--have all poured resources into expanding direct flights to Asia, but they are held back by their origins as so-called flag carriers, dedicated to travel to and from their home countries. Airline alliances like SkyTeam, Oneworld and Star Alliance link them, but without fully integrated marketing and sales it's difficult to build a cohesive global network, says Henry Joyner, senior vice president of planning for American...

Author: /time Magazine | Title: Richard Branson's Flight Plan | 4/17/2008 | See Source »

...spite of it all--long lines, delays and indignities--Americans still travel. Even with a recession, demand in the U.S. is expected to grow 5% a year. Worldwide tourist visits are expected to double, to 1.6 billion, by 2020. It's one of the great missed business opportunities in recent memory: there are more flights connecting the U.S. to the rest of the world than ever, but U.S. airlines are flying fewer of them. "America led the world in aviation, and they should still be No. 1," says Steve Ridgway, CEO of Virgin Atlantic. "America built the planes that made...

Author: /time Magazine | Title: Richard Branson's Flight Plan | 4/17/2008 | See Source »

...rest Charge for the things that enhance the trip, like good food Routes Lose money on hub-to-hub flights. Earn it on the feeder business Fly point to point to cities with high business and leisure traffic International links Try to create seamless global travel through alliances or investments One brand, many airlines, each tailored to its local market

Author: /time Magazine | Title: Richard Branson's Flight Plan | 4/17/2008 | See Source »

...demand that was not being filled for interesting beers made by local breweries. “We had some great beer-drinking experiences at Harvard with extremely ordinary beer,” Storey said in an interview before the event. “What the founders later did is travel to Europe after college and had other great beer-drinking experiences with much better beer. That was the idea behind Harpoon Brewery—a good beer can really enhance that experience.” Smith, a brewer for Harpoon, added that the founders’ experience in Europe also...

Author: By Caleb L. Weatherl, CONTRIBUTING WRITER | Title: Brewers Come to Pub To Teach Beer Appreciation | 4/17/2008 | See Source »

...speech on May 1, which is Labor Day for much of the world and a sacred date on the communist calendar. Since greater agricultural efficiency is regarded as his priority, some analysts say he might permit foreign investment in that sector as well. He may also allow Cubans to travel abroad freely and open the door to wider entrepreneurship in Cuba, letting business owners hire employees other than immediate family members and set their own prices...

Author: /time Magazine | Title: Castro Family Values: Fidel vs. Raul | 4/17/2008 | See Source »

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