For an industry still losing billions, especially in America, aviation is showing surprising signs of life. Not only has the low-cost model spread from America through Europe to Asia, but new niche carriers are emerging in traditional markets. Two notable ones start flying between London and New York in the next couple of weeks. Unlike previous stillborn startups on that route, Eos (a dedicated luxury business carrier) and Maxjet (a low-fare variant) both have plenty of finance, and pretty clear ideas of what market they aim to tap. Both are based on point-to-point services, with costs held down by avoiding costly hub connection services.
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