TALK TO ANYONE IN THE AIR transport industry about legacy airlines versus low-cost carriers and you are likely to hear the word "blending." The LCCs are growing up and looking to adopt some of the same growth strategiescodesharing and interlining, for -exampleas their networked brethren. The legacy carriers, meanwhile, are looking to shed some of their complexities and reduce their costs in order to compete with the LCCs, which are sprouting up in once-unlikely places such as the Middle ...

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