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Word: cheaping (lookup in dictionary) (lookup stats)
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...cheap fares are luring Asians away from rickety buses, inefficient trains and traffic-choked highways and convincing many to travel more often. Laykha Boonlerd, a 26-year-old bank employee in Kuala Lumpur, could never before afford to fly to Bangkok to see her family and instead made an excruciating 24-hour pilgrimage by bus and train. But with a one-way ticket on AirAsia costing only $26-much less than the price she says she was quoted on national-flag carrier Malaysia Airlines-she decided to fly to Bangkok for the first time in July. "I will travel much...

Author: /time Magazine | Title: Air Raiders | 7/12/2004 | See Source »

...Overall, Fernandes says his airline charges about half as much as major competitors, but only about 30% of his seats are sold at the lowest advertised price. Fares increase as the plane fills up, especially on very popular routes, so passengers need to buy early to get the dirt-cheap fares. Sam Chan, a Singaporean trader, found this out on a June business trip to Malaysia. He purchased a one-way ticket from Kuala Lumpur to Kota Kinabalu the same day as the flight for more than $80-not much less than the Malaysia Airlines price, he says. And then...

Author: /time Magazine | Title: Air Raiders | 7/12/2004 | See Source »

...principle, Helga Moser doesn't have anything against paying taxes. Like all Germans, the 49-year-old Bonn medical technician has long enjoyed a generous cradle-to-grave welfare system, including a free education and good health care, clean streets, cheap public transport and the reassuring knowledge that she'll get a guaranteed pension when she retires...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

Roadblocks for the SUV? SUVs aren't cheap to begin with, but they may soon be getting a lot more expensive in France. Environment Minister Serge Lepeltier is pushing a new green-tinged plan this month that, beginning next year, would tax automobiles according to their size and the amount of their noxious emissions. Under the scheme, the biggest 4x4 would be subject to a surcharge as high as €3,500, while purchasers of small, clean cars would receive a rebate. The plan is controversial in the French government and still needs final approval. But it reflects growing official...

Author: /time Magazine | Title: Biz Watch | 7/11/2004 | See Source »

...flight of SpaceShipOne--brainchild of aerospace whiz Burt Rutan and Microsoft co-founder Paul Allen--was hailed as a giant leap toward opening space flight to tourists. Indeed, the craft was impressively small and lightweight (about the size of an SUV) and relatively cheap (about $20 million, compared with the $400 million-plus that NASA drops on each space-shuttle launch). But don't call your travel agent just yet. Melvill made it to just the edge of space, only about a quarter of the way to the International Space Station. And he ran into a scary glitch: during...

Author: /time Magazine | Title: Space Toy | 7/5/2004 | See Source »

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