The next wave in aviation business models appears to be long-haul "low cost" operations. As usual there are proponents who claim that these will create traffic, rather than divert traffic from other networks, and thus provide a viable business model - and detractors who state that they can never work.rnOf course the concept is not new. The oft-quoted example is that of Freddy Laker's Skytrain of the late 70s/early 80s, with point-to-point low fare services on the Atlantic.
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