The UK's Bank of Scotland clearly does not subscribe to the belief that the term "long-haul low-cost" is an oxymoron. It has paid C$12 million ($10.7 million) for a 7.5% stake in Canada's Zoom, a transatlantic carrier with big plans...
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http://www.flightglobal.com/blogs/airline-business/2006/08/will-longhaul-lowcost-take-off.html
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