admin

Elliott Investment Management’s recent move to publicly identify 10 nominees to Southwest Airlines’ board of directors signifies a significant escalation in their demand for changes within the airline’s senior management. This move is a clear indication that Elliott is determined to press forward with the proxy battle it has been threatening. Southwest Airlines, on the
0 Comments
Monaco has long been associated with high-end car racing and luxurious boating experiences, but in recent years, the principality has been making efforts to be recognized as a sustainability destination as well. The “Green is the New Glam” campaign was launched in 2018 to showcase Monaco’s environmental initiatives. Additionally, a 2023 tourism campaign identified sustainability
0 Comments
Starbucks, a beloved American brand, shocked many when it announced the ousting of its CEO, Laxman Narasimha, following a significant drop in third-quarter revenue. The company experienced a 4% decline in comparable store sales, which was a sharp contrast to the 11.5% increase seen in the previous fiscal year. Narasimha, who took over the position
0 Comments
Alaska Airlines has recently made a groundbreaking investment in the aircraft engineering startup JetZero. This innovative company is focused on reducing carbon emissions and fuel burn by up to 50% through its unique blended-wing aircraft design. Unlike traditional tube-and-wing passenger planes, JetZero’s design integrates the wings with the fuselage, resulting in a sleeker shape that
0 Comments
Southern Connecticut is set to witness a fierce competition between two discount airlines, Breeze Airways and Avelo Airlines. With Breeze announcing plans to introduce 10 routes from Tweed Airport in New Haven, Conn., where Avelo currently holds its primary East Coast base, the battleground is all set for these two players to go head-to-head. Breeze’s
0 Comments
The art scene in New York City is vibrant and diverse, with some of the most popular art museums in the world. The Chelsea galleries in Manhattan are a favorite among artists for their large rooms and high ceilings, providing a museum-like experience without the crowds. These galleries, such as C24, Hauser & Wirth, and
0 Comments
The Walt Disney World Resort is gearing up for an exciting expansion at the Magic Kingdom. The theme park has filed permits for work that will make room for the expansion of Frontierland with attractions from Pixar’s beloved “Cars” franchise. This expansion is said to be the largest in the history of the Magic Kingdom,
0 Comments
American Airlines recently made a significant move during its Q2 earnings call when CEO Robert Isom acknowledged the need to rebuild positive relationships with travel advisors. This came after an aggressive push for direct distribution that backfired, potentially costing the airline up to $1.5 billion in revenue. Isom admitted the mistake, stating the importance of
0 Comments
Finnair, known for being a primary advocate of NDC technology in the airline industry, recently made a surprising decision to backpedal on their initial plan to cease distribution via legacy Edifact GDS technology by the end of 2025. This unexpected move has sparked discussions about the airline’s NDC strategy and its implications for the future.
0 Comments
Larry Ellison, the Oracle software billionaire, added the prestigious Eau Palm Beach Resort & Spa to his collection of luxury properties, situated in Manalapan, Florida, just a short distance south of Palm Beach. The exact purchase price remains undisclosed, but it is clear that Ellison saw immense value in this iconic property. Originally established as
0 Comments
The family of a French explorer, Paul-Henri Nargeolet, who lost his life in a submersible implosion during a voyage to the Titanic wreck site, has filed a lawsuit seeking over $50 million in damages. This incident, which took place in June 2023, resulted in the death of Nargeolet and four other individuals. The lawsuit alleges
0 Comments