March 11, 2005
NOTHING IS MORE EXPENSIVE THAN IT USED TO BE:
Dueling spring travel sales heating up air fare battle (Keith Reed, March 11, 2005, Boston Globe)
If you're tired of New England winters, this weekend might be a good time to stay out of the cold and surf the Internet for a cheap fare to somewhere warmer.
Several airlines have launched competing fare sales for spring travel, igniting a price war in the financially battered industry.
US Airways is offering fares as low as $118 across all its routes, including a $138 round trip to from Boston to Orlando. United Airlines has a worldwide fare sale, including roundtrip fares from Boston to Paris for $430. Not to be left behind, American Airlines is offering roundtrip flights from Boston to Los Angeles for $288 and Boston to Miami for $198.
China Dons Even Bigger Export Hat (Evelyn Iritani, Don Lee and Marla Dickerson, March 11, 2005, LA Times)
Unhindered by quotas, China's sales to the United States surged 65%, to $1.4 billion, compared with the same month last year, according to data released this week by the China National Textile and Apparel Council. Shipments to the European Union jumped 46% to $1.5 billion.
Even more stark was the increase in China's exports of cotton knit shirts and trousers, two of its most popular items. In January, China shipped nearly 27 million cotton trousers, up from 1.9 million a year earlier, according to a U.S. industry analysis of Chinese customs data. The Asian country shipped 18 million cotton knit shirts in January, up from 941,000.
Posted by Orrin Judd at March 11, 2005 7:32 AM