The Budget Business

Remember not so long ago when the latest crop of low-cost airlines first appeared on the aviation scene? Travelers tisked that the low-cost carriers didn't have enough planes. They quibbled that the carriers were based at — and flew into — remote airports. They complained that their Internet booking facilities meant little customer contact. Even some of their names — easyJet, Buzz, Go — had an unsettling air of impermanence. And weren't those prices just a bit, er, too good to be true?

What a difference a few years makes. Despondency may have consumed the aviation sector in general...

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