Business: Flying the Cheap Way to Europe

AMERICA'S annual tourist pilgrimage to Europe swings into high gear this week, and it will be bigger than ever—by far. One reason: a brush-fire price war has broken out among the airlines. They have cut the price of flights for "youngsters" aged twelve to 26 —and for "students" as old as 29—by more than 50% below the normal summertime economy fare. Under some circumstances it will now cost only $16 more to fly from the West Coast to Europe than to New York City. The price war is also bringing fares down to the...

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