Reuters blog archive
from India Insight:
(Any opinions expressed here are those of the author and not of Reuters)
Indians like it cheap -- be it a car, a phone call or airfare. If that plane ticket is about 25 percent cheaper than a train ticket, you can imagine the rush to buy.
Airlines in India are doing just that. Jet Airways, until recently the biggest Indian carrier, offered 2 million tickets at nearly half price in a “goodwill gesture”. Its website crashed soon after, just as SpiceJet’s did when it offered a million tickets for just 2,013 rupees last month. That led many to believe the offer was a hoax.
I was lucky to book a New Delhi-Guwahati return ticket for March, paying just 3,578 rupees compared to the 13,047 rupees I paid for a one-way ticket as recently as November, and 4,420 rupees for the cheapest round-trip ticket on the Rajdhani Express, India’s premier long-distance train.
No doubt reduced fares are excellent news for consumers. But does it make business sense?
from Fan Fare:
The Divine Miss M., as she likes to be known, is participating in an online auction that ends on Friday. One of the items in the auction is the chance to meet the "Wind Beneath My Wings" singer and watch her perform from the front row at her Las Vegas show. The auction is handled by CharityFolks.com with proceeds going to the New York Restoration Project, a group Midler founded 15 years ago to put a green shine on the Big Apple by restoring parks and community gardens.
from UK News:
The King of Pop's run at the O2, scheduled to kick off in July, would have been the highest-grossing single concert engagement.