During an interview on CNBC, Delta CEO Ed Bastian disclosed that the CrowdStrike outage cost the airline a staggering $500 million. This hefty price tag included compensation to customers, lost revenue, and the repercussions of more than 6,300 flight cancellations between Delta and its regional subsidiary Endeavour in the aftermath of the software update failure.
Norwegian Cruise Line Holdings is setting its sights on 2025 as CEO Harry Sommer reveals the company’s strong pricing power and bookings. Demand for Europe and Alaska summer itineraries has taken a surprising upswing, positioning the cruise company comfortably at the upper end of its optimal booked capacity for the next 12 months. Speaking during
As an avid adventurer, the question of “What is your favorite country to visit?” is always a challenging one to answer. There are so many factors that shape a travel experience, from culture and food to scenery and vibes. However, when reflecting on my extensive travels to popular destinations like Turkey, Nepal, South Africa, and
The Farnborough Air Show, one of the biggest aviation events of the year, did not see the usual massive airplane orders that have been prevalent in recent years. Instead, the focus was on the challenges faced by Boeing and Airbus in ramping up airplane production while recovering from the impact of the pandemic. Both manufacturers
Imagine if the beloved classic, Pride and Prejudice, was transported to the upscale and picturesque Hamptons. This is exactly the premise of the latest novel by Emily Harding and Audrey Bellezza, Elizabeth of East Hampton. In this contemporary retelling, Elizabeth Bennet finds herself surfing in the Atlantic and working at her family bakery with her
The espresso martini has become a staple in the cocktail world, with its popularity only continuing to grow. With more people experimenting with making drinks at home, the quality of ingredients used becomes crucial. But what is the best coffee to use for this coffee-based cocktail? Chris Leavitt, also known as ‘Not Just a Bartender’,
Spirit Airlines, known for its budget air travel options, is making a strategic move to increase revenue in the face of various challenges. The Florida-based carrier announced plans to offer new packages for its highest-priced tickets, bundling in perks that were previously offered as add-ons. This comes as Spirit grapples with the aftermath of a
JetBlue Airways experienced a significant boost in its share value following the announcement of an unexpected profit coupled with a strategic decision to defer $3 billion in aircraft spending until 2029. This move was made in an effort to enhance the airline’s cash flow, which has been under pressure due to the ongoing challenges in
The notion of following a vegan diet for various reasons such as aiding the environment and improving health has gained significant attention in recent years. A study published recently suggests that adopting a vegan diet for just eight weeks could potentially reduce biological aging based on changes in DNA methylation. DNA methylation, also known as
Siddhi Capital, a growth equity firm known for providing operational expertise to food and beverage brands, recently closed its $135 million Fund II, doubling the size of its previous fund. In light of ongoing inflation and high interest rates, Siddhi Capital has decided to “move upstream” with its second fund, focusing on fewer and larger
The fast-food industry is a lucrative and competitive business, with fortunes to be made and lost. From well-known brands like Jimmy John’s to Chick-fil-A, the world of fast-food franchising is filled with success stories and challenges. While franchisees hope to cash in on the popularity of these brands, the financial landscape of the industry remains
Precision agriculture has revolutionized the way modern farming is carried out. Technologies such as auto-steer, GPS-guided equipment, satellite imagery, and drone-based aerial imagery have made it possible for farmers to maximize productivity while minimizing costs. These tools enable farmers to deliver seed, pest control products, and fertilizers with precision based on spatial and yield data,
The hospitality industry is constantly evolving, with new trends and concepts emerging to cater to the changing needs of customers. One heartwarming trend that has gained popularity in recent years is the presence of dogs in hotels. This trend not only benefits the guests but also adds a unique touch to the hotel experience. Training
JetBlue recently announced a decision to delay the deliveries of 44 Airbus A321 aircraft until 2030 and beyond. This strategic move is aimed at shoring up the airline’s balance sheet and improving cash flow. Originally, these 44 planes were slated for delivery between 2025 and 2029. The deferment of these aircraft deliveries will not only
The presence of dogs in hotels has become a heartwarming trend in the hospitality industry. This trend not only benefits the guests but also adds a unique charm to the hotel experience. Hotel editor Christina Jelski discusses this trend with Joel Morales of Castlerock Asset Management and Rauni Kew of the Inn by the Sea
The National Association to Advance Fat Acceptance (NAAFA) is taking a stand against Southwest Airlines’ decision to transition to assigned seating. This advocacy group, which focuses on improving conditions for plus-sized travelers, is pushing for the maintenance of Southwest’s Customer of Size policy. This policy allows passengers who encroach on a second seat to pay
The cruise industry has seen a significant shift in strategy, particularly with Royal Caribbean International, the group’s flagship cruise line. After restarting cruise operations from China in April, Royal Caribbean made a surprising move by redirecting its focus to California, a state with the sixth largest economy in the world. This decision marked a change
Spirit Airlines is set to unveil new fare bundles designed to cater to a wider range of passengers, with different options to suit varying preferences and budgets. As of August 16, customers will be able to purchase these bundles for flights starting on August 27. The aim is to provide more choices for travelers while