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United sees fare gains as cheap tickets reduce

Bloomberg United Continental Holdings Inc. is seeing improved average airfares as US rivals offer fewer bargain-basement ticket prices. “It’s not really that fares have gone up much, it’s that the $25, $30 fares that were prevalent a year ago are much more narrow today,’’ United President Scott Kirby said. The improvement is helping United weather higher fuel costs, Kirby said. ...

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Ryanair bans ‘wheelies’ in cabin for non-priority passengers

Bloomberg Ryanair Holdings Plc is locking the cabin door on traditional carry-on suitcases for its non-priority customers and forcing them to check the luggage for a fee — or go with a smaller bag — to save time loading passengers on and off flights. Starting on November 1, Europe’s biggest discount airline will only allow travellers who pay for priority ...

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Still arguing over Lehman Brothers’ bankruptcy

Who lost Lehman Brothers? Could it have been saved? As we approach the 10th anniversary of Lehman’s collapse (September 15), these questions won’t go away. The Lehman bankruptcy is portrayed as the pivotal event that converted severe — but familiar — disruptions in financial markets into a full-blown panic. Nothing like it had occurred in the United States since the ...

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