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American Airlines faced a challenging first quarter, reporting a loss, but the company’s forecast for the current period has exceeded analysts’ expectations. The airline anticipates earning between $1.15 and $1.45 per share in the second quarter, on an adjusted basis, well above the $1.18 average estimate compiled by LSEG analysts. Additionally, American reiterated its full-year
Southwest Airlines recently announced that it is exploring various options to enhance its customer experience, particularly focusing on onboard seating and the overall cabin environment. This move comes as a significant shift for the airline, which has long been known for its unique approach of not assigning seats or charging bag fees, in addition to
Hilton has recently made significant moves in the hospitality industry with its acquisitions of Graduate Hotels and NoMad Hotels. During the Q1 earnings call, Hilton CEO Chris Nassetta discussed the addition of NoMad, highlighting the company’s entrance into the luxury lifestyle space. Nassetta emphasized the efficiency of acquiring NoMad, noting the talent and expertise of
The recent announcement of the closure of all Foxtrot and Dom’s Kitchen & Market locations has sent shockwaves through the food retail industry. The Chicago-based operator, part of the Outfox Hospitality group, had raised an impressive $194 million and had garnered support from private equity firms, celebrities, and industry experts. This sudden closure has left
A revolutionary all-natural functional beverage called KEY has recently hit the market, promising sustained energy levels without the negative side effects of caffeine or blood sugar spikes. The brainchild of former Coca-Cola and PepsiCo executives, Karishma Thawani and Tekla Back, KEY’s main goal is to help consumers eliminate sugar from their diets while reshaping the
JetBlue has taken a step further in enhancing the in-flight entertainment experience by introducing a personalized seatback entertainment system called Blueprint by JetBlue. This innovative platform is set to provide flyers with a customized and seamless entertainment experience on select aircraft. One of the key features of Blueprint by JetBlue is the ability for passengers
The luxury travel industry has seen a significant resurgence in demand for exclusive private jet tours, with companies like A&K offering extravagant trips to exotic destinations for a hefty price tag. These high-end tours, priced at around $168,000 per person, cater to wealthy travelers looking for a lavish and seamless travel experience. Despite the steep
Riviera Nayarit International Airport, formerly known as Tepic’s airport, recently welcomed its first test flight from the U.S. This test flight marked the beginning of preparations for the airport’s expansion, including the debut of a new terminal by the end of the year. The airport’s strategic location positions it as the gateway to the Riviera
The Transportation Department has recently made changes to regulations surrounding airline refunds, aiming to provide greater clarity and protection for passengers. This move comes after years of ambiguity and confusion for travelers who have faced canceled or significantly delayed flights without a clear understanding of their rights. The new regulations outline specific circumstances in which
The Brewers Association unveiled its annual report on the state of the craft beer industry, painting a picture of a landscape that is both challenging and diverse. Chief economist Bart Watson delivered the address to thousands of industry professionals at the Craft Brewers Conference in Las Vegas, Nevada. The numbers tell a complex story of