The idea is simple. Keep costs low by flying point-to-point, thus avoiding costly hubs, use one model of aircraft to contain pilot and aircraft maintenance costs, and charge passengers for everything from coffee to checked-in luggage. Southwest Airlines was first to launch the model and copycats like EasyJet followed. First transatlantic flight of an Airbus A321LR © Airbus Now a new, yet to be named, airline plans to offer direct flights from Basel-Mulhouse to cities in North America, with...
Read More »US Tech: The Thrill Isn’t Gone
After six disappointing quarters in a row for Google and persistent doubts about when and if Amazon will generate steady profits, many investors have recently started to wonder how long double-digit revenue growth can continue, and whether growth on the bottom line will ever be as impressive as that on the top line, according to Uwe Neumann, a senior technology analyst in Credit Suisse’s Private Banking & Wealth Management Division. In other words, can Internet platform companies such as...
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