It's been the butt of countless jokes. For the past several months, airline attendants were required to say that Note 7 phones could not be carried on flights, even if they were powered off. The Note 8, which following previous years' precedent will likely debut this fall, will serve as a measuring stick for how much progress Samsung makes in the coming months. "A lot is going to be based on the next great thing that comes out that's problem-free," said Thomas Cooke, a professor at Georgetown's McDonough School of Business. To Koh, the Note garnered a group of devoted users he couldn't walk away from. "We found through the investigative process, we knew there are lots and lots of loyal Note customers," he said. Indeed, Samsung says its most loyal base of customers across all of its products (and it makes a lot of stuff) are those who've bought Note models. Just look at the thousands of Note 7 users still on Verizon -- the carrier has to take drastic action like routing calls to its customer service to get them to turn the devices in. Globally, 96 percent of Note 7 buyers have traded in their phones. In the US, the official tally is 97 percent, but Tim Baxter, president of Samsung's US arm, says the volume of phones taken out of use is actually closer to 99 percent because more than half of the remaining units are no longer connected to cell networks. "We are pushing to get to that 100 percent," he said.
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El Al Israel Airlines Ltd.'s (TASE: ELAL) business is booming, Israir Airlines and Tourism Ltd. has almost doubled its business and number of employees, and Arkia Airlines Ltd. is also growing. The Israeli companies mentioned the security problem to me as a problem in competition. I undertook that this question will not pose a problem, because the state will cover almost 100% of the cost of security. I take it upon myself to work with the Ministry of Finance and the security services to make sure that there is no restriction on the Israeli companies' activity in this aspect." Since the open skies policy was instituted, the cost of flights has dropped by 18% to Western Europe, 15% to Eastern Europe, 3% to the Far East, and 14% to North America. There are now 110 foreign airlines active in Israel, and traffic has increased by 40% in passengers and 35% in international airliners. While, regular flights account for 89% of all flights, the activity of low-cost airlines has tripled. Katz met today with senior Israel Airport Authority and Ben Gurion Airport executives for the purpose of making the agreement a "fully open agreement." He is stressing two points that will make this possible: the establishment of hubs in Israel by foreign airlines, and what he calls the "sixth freedom," aimed at allowing connecting flights for foreign airlines from Ben Gurion Airport to Eilat. This measure can boost tourism in Eilat, but its attractiveness also american airlines direct flights from chicago to caribbean depends on the high overnight prices at hotels in the city.
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