businesswire | May 04, 2023
Sphere Entertainment Co. (NYSE: SPHR) (the “Company” or “Sphere Entertainment”) today announced it has completed the sale of its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors.
The completion of the sale follows a successful bidding process with multiple parties, which reflects that since the Company acquired a majority interest in 2017, Tao Group Hospitality has transformed into a global powerhouse in entertainment dining and hospitality. As previously disclosed, in connection with the sale, Sphere Entertainment has also entered into a multi-year agreement with Tao Group Hospitality for ongoing consulting, marketing, and support services.
About Sphere Entertainment Co
Sphere Entertainment Co. is a premier live entertainment and media company. The Company includes Sphere, a next-generation entertainment medium powered by cutting-edge technologies to redefine the future of entertainment. The first Sphere venue is currently under construction in Las Vegas. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a companion streaming service, MSG GO, delivering a wide range of live sports content and other programming.
AIRLINES AND AIRPORTS
businesswire | March 28, 2023
Norse Atlantic Airways marks a new era in affordable transatlantic travel between the US and France with the celebration of its inaugural flight from Paris, Charles de Gaulle to New York JFK and from JFK to Charles de Gaulle. The daily direct service commenced on March 26th, 2023, providing customers with a quality service onboard modern Boeing 787 Dreamliner aircraft.
The launch of this route marks Norse Atlantic’s entry into yet another major international market as the airline continues to provide comfortable and budget-friendly travel options for long-haul flights.
“We are delighted to offer cost-effective travel and increased choices for our passengers between the vibrant cities of Paris and New York. This new route connecting the beautiful cities will further boost transatlantic travel benefiting local tourism and businesses on both sides of the Atlantic. With the addition of our latest route to Paris, our airline now offers a total of five European destinations from New York, JFK this summer, including Rome, Berlin, Oslo and London,” said Bjorn Tore Larsen, CEO of Norse Atlantic Airways.
With daily, direct flights from New York, JFK to Paris starting at just $289 one-way, including all applicable taxes, travelers can now access a high-quality airline and travel experience for a fraction of the cost of traditional transatlantic carriers, making travel more accessible to a vast range of leisure and businesspeople, including families, students, and budget-conscious travelers.
Daily departures from New York to Paris are at 12:30 a.m. EDT, with arrival in Paris at 2:05 p.m. local time. The return flights depart Paris at 8:00 pm local time, and land in NY at 10:15 p.m. EDT.
Current economy fares below:
JFK – CDG: $235 (one-way)
CDG – JFK: $289 (one-way)
Round Trip: $524
About Norse Atlantic Airways
Norse Atlantic Airways is a new airline that offers affordable fares on long-haul flights, primarily between Europe and the United States. The company was founded by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet of 15 modern, fuel-efficient and more environmentally friendly Boeing 787 Dreamliners that will serve destinations including New York, Los Angeles, Fort Lauderdale, Orlando, Oslo, London, Berlin and Paris.
Canada Jetlines | March 08, 2023
Canada Jetlines, an airline and aviation company, has recently confirmed that travel agents in Canada can access its seat inventory for booking and viewing through the Sabre Global Distribution System, increasing its geographic reach and targeting new leisure traveler segments.
Sabre Corporation is a worldwide software and technology solutions provider dedicated to the travel industry. It could sell Canada Jetlines' seat inventory for its subscribers. With Sabre's global marketplace, Canada Jetlines would increase its geographic reach and target new leisure traveler segments. In addition, it will provide travel agents with more options for optimal client experiences. It has announced new markets in Melbourne/Orlando, Florida, Las Vegas and Cancun, Mexico. These markets would begin operations in February and March 2023, respectively. Flights booking are available on jetlines.com or contact the travel agency. It will operate this network with a fleet of Airbus A320 aircraft.
Canada Jetlines' Chief Commercial Officer, Duncan Bureau said, "We are excited to be able to distribute our seats through Sabre's extensive global marketplace." He added, "Canada Jetlines has built strong relationships with the Travel Agency community who will benefit from the ease of booking flights and vacations within the Sabre environment. The airline is looking forward to adding more markets and partners across North America, Mexico, and the Caribbean."
(Source – Business Wire)
VP and Regional General Manager - North America, Sabre Travel Solutions, John Bailey said, "Sabre is pleased Canada Jetlines has chosen to distribute its content through the Sabre global marketplace." He added, "We look forward to supporting Canada Jetlines' ambitious growth objectives and making the airline's content available to the hundreds of thousands of travel agents using Sabre around the world."
(Source – Business Wire)
About Canada Jetlines
Headquartered in Mississauga, Ontario, Canada Jetlines, an airline with a value-focused leisure carrier, utilizes a growing fleet of Airbus A320 aircraft for more travel options to preferred locations within the U.S., Caribbean, and Mexico. It has been connecting with travel agencies for transformation and convenience in the air travel industry since 2021. With an experienced team and efficient aircraft design, it provides cost-effective and competitive flight options to the Canadian market and beyond. With a state-of-the-art web booking platform, it makes turnkey solutions available to travel agents, tour operators, and consumers. In addition, it generates revenue from reservations and ancillary sales.