The financial markets in the food industry are currently experiencing their own heat wave. Despite major stock indexes struggling, companies such as Tyson and Pilgrim’s Pride have seen an increase in their shares due to strong earnings news. Rumors have also surfaced regarding Kellanova, the Kellogg Company’s snacking-focused spinoff, being potentially acquired by Mars, one
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Lindblad Expeditions, a well-known cruise line, has recently announced its decision to rebrand itself to National Geographic-Lindblad Expeditions. This change is scheduled to take effect in September, accompanied by a comprehensive marketing campaign. The move comes as the company aims to strengthen its presence in Europe and leverage the widely recognized National Geographic brand. The
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Archer Aviation has recently made headlines with their groundbreaking electric aircraft, Midnight, poised to transform urban air mobility. The company has unveiled ambitious plans for a flight network in the Los Angeles area, set to revolutionize the way people commute within the city. With the goal of reducing travel times drastically, Archer aims to offer
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Bali, a destination synonymous with warm hospitality, stunning resorts, adventurous activities, mouth-watering local cuisine, and picturesque beaches, is truly a paradise for travelers seeking a luxurious escape. With an abundance of beautiful beach destinations to choose from, Bali offers a perfect blend of adventure and relaxation for couples or families looking to explore this island
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The recent outage experienced by Delta Air Lines had a significant financial impact on the company. Delta disclosed that it cost them about $550 million, including a $380 million revenue hit in the current quarter. This was primarily due to refunding customers for cancelled flights and providing compensation in cash and SkyMiles. Additionally, there was
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Tauck has recently announced that they have resumed sales of American Airlines and its Oneworld alliance partners. This decision comes after American Airlines temporarily lifted a policy that had hindered tour operators like Tauck from offering refundable fares to their customers. This change has brought about a positive response from Tauck, with their vice president
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In July, Delta Airlines experienced a significant increase in flight cancellations, reaching a rate of 5.28% compared to just 0.8% in June. This drastic change was attributed to the slow recovery from the CrowdStrike outage that occurred on July 19th. With nearly 6,500 flights canceled in the five days following the outage, Delta found itself
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Tour operator Avanti Destinations is shaking up the way travel advisors book pre- and post-cruise experiences with the introduction of a user-friendly microsite. This innovative platform aims to simplify the process of arranging hotel stays, sightseeing tours, and activities for independent travelers. Avanti’s microsite is specifically catered towards travel advisors who are more experienced in
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Breeze Airways has recently announced its plans to expand its operations to Newark, one of the primary airports in the New York metro area. This move comes as part of the carrier’s strategy to increase its presence in key markets and offer more options to travelers. The entry into Newark will be gradual, with twice-weekly
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Tripadvisor, a well-known travel and experiences platform, recently revealed a new service that allows its members to book hotel stays directly within its app. This service is made possible through a partnership with Hopper Technology Solutions (HTS) and was announced on the same day as Tripadvisor’s second-quarter revenue increase of 1%. In the second quarter,
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