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Holiday season airfares soar on pricey fuel, revenge travel

  Bloomberg Travellers alarmed at sky-high airfares this Christmas can add soaring fuel prices spurred in part by Russia’s weaponisation of its energy resources to the list of factors to blame. The price of jet fuel — which typically accounts for around a quarter of an airline’s total operational costs — is on a tear. The jump this year is ...

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Starbucks new CEO faces a challenging task ahead

  Bloomberg Laxman Narasimhan will take over as Starbucks Corp.’s chief executive officer with a long list of pressing tasks, from redesigning cafes to improving profitability. But perhaps none is as pressing as blunting a fast-spreading US union drive. It’s a tall order — especially for a leader without experience operating restaurants. Narasimhan, 55, is coming in from British consumer-goods ...

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Flight delays prompt revamp of airline meal, hotel offerings in US

  Bloomberg Passengers finding themselves with a lengthy delay or cancelled flight have a new way to check what they can get from airlines, ahead of an expected travel rush for Labour Day weekend. The Biden administration launched a dashboard where passengers can check if airlines will provide meals, rebooking, or hotel rooms when flights are delayed or cancelled because ...

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