Note From the Editor
The best news stories take you on behind-the-scenes tours into a business or sector, and such is the case with Airline Business Reporter Brian Sumers' look at the interior dynamics and business model of the modern airport lounge. With business travelers helping themselves to an array of new high-end credit cards guaranteeing lounge access, the business of lounges is a subject that may prove more popular than Japanese noodles, sushi, and Wi-Fi at your favorite airport club.
Investors have taken a club to online travel agency stocks in recent weeks, but Expedia Inc. CEO Mark Okerstrom argued that rock-solid trends, and his company's full-service strategy, will win the day. Now, he and his peers just need to get past any short-term complications.