LONDON (Reuters Breakingviews) – Europe’s low-cost airlines owe much of their growth to taking bold strategic choices at unusual instances. In the aftermath of the assaults of Sept. eleven 2001, they ordered a whole lot of recent plane, negotiating massive reductions with manufacturers as more established rivals scaled again. A decade and a half later, easyJet and its no-frills opponents are once again being bold when others are beneath stress.
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