SIR FREDDIE LAKER, the pioneer of cheap "no frills" transatlantic flights in the 1970s (pictured), could not make his ventures succeed. But he did inspire the low-cost carriers that have brought affordable air travel to the masses over the past 15 years or so. Ryanair of Ireland is now the world's biggest international airline by passenger numbers, carrying 81m people last year. Budget airlines round the world, from Southwest in the United States to AirAsia in Malaysia, have succeeded where Lake...
SIR FREDDIE LAKER, the pioneer of cheap "no frills" transatlantic flights in the 1970s (pictured), could not make his ventures succeed. But he did inspire the low-cost carriers that have brought affordable air travel to the masses over the past 15 years or so. Ryanair of Ireland is now the world's biggest international airline by passenger numbers, carrying 81m people last year. Budget airlines round the world, from Southwest in the United States to AirAsia in Malaysia, have succeeded where Lake...
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