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Watchdog Urges Canada to Open Airline Sector to More Foreign Capital

Watchdog Urges Canada to Open Airline Sector to More Foreign Capital

Bloomberg5 hours ago

Canada should loosen investment rules for airlines to allow full foreign ownership of carriers that fly only within the domestic market, according to the country's competition watchdog.
The recommendation is one of several released Thursday by the Competition Bureau following a nearly yearlong study. It also suggests raising the ownership limit for Canadian airlines so that a single foreign investor can own as much as 49%, up from the current 25%, and prioritizing competition in merger reviews.

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Exploration with Purpose: Inside The Explorers Club's Legacy and Mission
Exploration with Purpose: Inside The Explorers Club's Legacy and Mission

Entrepreneur

timean hour ago

  • Entrepreneur

Exploration with Purpose: Inside The Explorers Club's Legacy and Mission

You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. In a world driven by innovation and progress, few organizations can claim foundational and future-facing roles, as The Explorers Club. Founded in 1904 in New York City, the Club is a non-profit organization and has stood for more than a century as a beacon of scientific inquiry, global exploration, and human achievement. From the first humans to stand atop Mount Everest to the first astronauts to land on the moon, The Explorers Club has counted the most remarkable individuals in history among its members, not for their wealth, but for their will to understand, protect, and advance the world. As Robert Croucher, Director of The Explorers Club, puts it, "The real purpose behind the organization is scientific inquiry in the field, resource conservation, and field study." It is this deeply rooted mission that propels the Club into new frontiers of environmental preservation, cultural research, space exploration, and beyond. Its members have led efforts that directly influenced modern climate science, ocean conservation, space exploration, and wildlife conservation. Right to left David Dolan, Head of Development of the Explorers Club (recipient of the Sweeney Medal) Trevor Wallace (New Explorers Award), Apollo astronaut Captain Jim Lovell (Explorers Medal), Jeff Bezos (Buzz Aldrin Award) Dr. Gino Caspari (New Explorers Award) Dr. Edie Widder (Citation of Merit). (Source: The Explorers Club) The collaboration across people, projects, and purpose is what creates such tangible change. Croucher says, "We are a mission-driven society that raises capital, awards grants, and supports exploration wherever it's needed most." Whether through partnerships with purpose-driven corporations or through its elite but merit-based membership structure, the Club focuses its influence and resources where they matter most. A shining example is the Club's long-standing collaboration with Rolex. Through the Rolex Perpetual Planet program, The Explorers Club has empowered a new generation of scientific leaders to carry out transformative research. Two recent grantees, Katherine Angier and Letícia Benavalli, are emblematic of this vision. Angier seeks to solve a rainforest mystery in the Republic of the Congo, exploring why animals congregate around enigmatic clearings in the forest. Her work could reshape how we understand biodiversity hotspots and inform conservation strategies in vulnerable ecosystems. Benavalli is focused on jaguars in Brazil's southern cerrado. By mapping their genetics, dietary patterns, and habitat needs, she hopes to illuminate pathways to preserve one of the planet's most elusive and endangered big cats. These aren't just field studies; they are lifelines for ecosystems, cultural heritage, and the future of scientific discovery. And they are made possible because the Club has developed a funding model that matches donor capital with meaningful fieldwork. Corporate partners like Rolex co-fund exploration grants, with grantees chosen collaboratively, resulting in high-impact projects backed by both scientific merit and strategic investment. Beyond financial support, The Explorers Club also builds a powerful ecosystem for its members. Far from being an exclusive social group, it is a dynamic network where professionals from diverse backgrounds, scientists, conservationists, explorers, and storytellers gather to push the boundaries of what is possible. Members gain access to high-caliber events like Monaco Oceans Week, the GLEX Summit in Ottawa, and the Annual Dinner in New York, as well as private talks with some of the most influential voices in science and exploration. "You have to illustrate that you have an interest in the Club's mission, as well as be active in the sector," says Croucher. "It's a simple but effective meritocratic philosophy. Members are admitted not by their wealth or societal acclaim, but by grit, purpose, and proven contribution." Take Preet Chandi, MBE, for instance. Known as "Polar Preet," she holds a world record for the fastest solo ski to the South Pole and is now training for an even more treacherous expedition to the North Pole. She joined the Club not with fanfare, but with a story. Within six months, she advanced from London Patron Member to full Fellow, a rare and remarkable journey. "Her dedication embodies everything we stand for," says Croucher. And the community spirit extends far beyond funding. "You should see people's faces when they walk out of one of our talks," Croucher adds. "It doesn't matter whether you're a GCSE student or a PhD holder, it clicks. Your life feels incomplete without this purpose." The Club offers state-of-the-art facilities, ensuring its reach extends far beyond Manhattan's brownstone headquarters. What ties it all together is purpose. Whether backing jaguar research in Brazil, fighting rhino poaching in Kenya, or empowering polar expeditions, The Explorers Club is not just preserving history; it's making it. As Croucher concludes: "Only by working together, members, partners, and supporters can we build the future this world deserves."

Why CEOs Must Lead With Their Face, Not Just Their Title
Why CEOs Must Lead With Their Face, Not Just Their Title

Entrepreneur

timean hour ago

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Why CEOs Must Lead With Their Face, Not Just Their Title

The most effective CEOs today build trust and brand value by leading with authenticity and personal conviction. Opinions expressed by Entrepreneur contributors are their own. The public perception of a CEO's personal brand is paramount. People don't care about performative social media posts, and are suspicious when leaders always say "the right things". Instead, they want to know that the companies they invest in are led by authentic leaders who speak to their values, principles and vision for the future. This era calls for authentic human branding. The most trusted companies are led by executives who bring clarity and transparency to the forefront, and don't allow the necessity to look perfect to distract from the brand being real. These kinds of leaders breathe life into mission statements, anchor company values, and turn brands into movements. The most successful CEOs understand that people follow people, not statements. Investors, employees and customers all want to feel connected to a leader who can actually be connected to. A real face behind the brand. When that connection exists, loyalty deepens, talent is attracted and market value rises. The power of showing up CEOs today aren't just expected to lead their companies from a business standpoint; they're expected to represent a vision for where the world is going. And the leaders who embrace that role, rather than shy away from it, are seeing powerful returns. Satya Nadella at Microsoft. His leadership ushered in not only a new era of innovation but a deeply humanized culture shift. His personal brand, anchored in empathy and curiosity, became a beacon at Microsoft. Despite recent controversy, Satya has not tried to make the perfect statement; he remained true to his brand and called recent decisions "painful but necessary". It wasn't loud, but it was intentional. Or consider how Richard Branson's personality and values infused Virgin with a sense of adventure and purpose that no other brand could possibly replicate. His visibility wasn't accidental. It was strategic, and it turned his personal credibility into a global brand asset. These leaders didn't wait for others to define their narratives. They stepped into the role with them. They're real people with real stories, not actors who are playing a role. And in their authenticity, they're able to hold onto trust from their consumers. Related: How to Embrace Authenticity in a World Craving Transparency Your brand is your legacy A well-developed personal brand doesn't just support your company; it shapes your legacy. Some believe that legacy is measured in profit margins alone. But in truth, it's measured in the culture you cultivate, and the fruits that are bred from it. Your story as a CEO, when clearly told and consistently shared, becomes the connective tissue between your vision and the people who bring it to life. People are no longer just buying products or services. They're buying into leadership and ideas. They want to see the person, not just the numbers. Real people care about who's behind the curtain, and they want that person to be real, visible and principled. That's not pressure. That's potential. Visibility creates culture and confidence When CEOs lead with clarity and grace, they don't just create external alignment, but they also set the tone for their internal teams. A visible, vocal leader provides employees with a sense of direction and purpose. It's easier to rally around a mission when you know who's steering the ship and why they care. This is especially true for younger generations in the workforce. Sure, they're looking for salaries, but they also care about shared values. And when leaders communicate those values publicly, consistently and with sincerity, they transform the company into a place people want to belong, not just work. This visibility also creates confidence in times of uncertainty. In moments of crisis or transition, people look to leadership for guidance. And CEOs who are already present, trusted, and understood don't have to scramble to build the perfect statement. The culture they've built will speak for them. Conviction is a competitive advantage, while silence creates vulnerability Some CEOs hesitate to step into the spotlight because they fear backlash or missteps. But authenticity doesn't demand perfection; it demands clarity. You don't have to weigh in on every cultural flashpoint or chase every trend. What matters is choosing the moments that align with your values and showing up with consistency and conviction. The belief that "no comment" is safe is a myth. Always staying silent on societal or cultural issues doesn't communicate neutrality; it communicates disconnection, caution, or worse, cowardice. In an era where brands are personified by their executives, what you don't say can shape perception as much as what you do. Consider the corporate fallout during the height of the Black Lives Matter movement or Pride Month. Brands that tried to split the difference, releasing hollow statements or avoiding the topic altogether, were often called out for performative allyship or outright hypocrisy. Some never recovered their credibility. Contrast that with Nike, which embraced public risk by supporting Colin Kaepernick. The campaign sparked outrage and celebration in equal measure, but most importantly, it clearly told the market where Nike stood. That clarity did cost them. But more importantly, it deepened loyalty and sharpened brand identity. Related: Why Personal Branding Matters More Than Ever for Successful Entrepreneurs The opportunity ahead The bar for leadership has changed. The expectations are higher, but so is the payoff. Today's CEOs have the rare opportunity to be more than operators of a business. They can be authors of a movement and agents of change. And building that legacy starts with showing up, telling your story and sharing your perspective in a way that fuels authentic connection and inspires belief. Your personal brand isn't a distraction from leadership. It's the clearest expression of the most powerful brands today don't just sell, they stand for something.

Delta Repeats As No. 1 Airline, According To The Points Guy
Delta Repeats As No. 1 Airline, According To The Points Guy

Forbes

timean hour ago

  • Forbes

Delta Repeats As No. 1 Airline, According To The Points Guy

For the 7th consecutive year, travel website The Points Guy has named Delta Air Lines the best U.S. airline. (Photo by Charly TRIBALLEAU / AFP) (Photo by CHARLY TRIBALLEAU/AFP via Getty Images) Delta Air Lines is the best U.S. airline for the seventh consecutive year, the travel website The Points Guy says Thursday in its 9th Annual Best Airlines Report. Delta's No. 1 ranking, The Points Guy says, was established after 'a deep analysis' of each airline's 'reliability, experience, loyalty program, cost and reach.' United Airlines is a close runnerup and ranks No. 2. Southwest Airlines ranks No. 3 and Alaska Airlines No. 4. Delta stands out as the top-ranking airline in reliability despite a Crowdstrike outage last year that led to thousands of flight cancellations, The Points Guy says. Southwest, however, had the lowest cancellation rate, 'putting its 2022 holiday meltdown in the rearview mirror,' The Points Guy says. 'Frontier came in last for this (reliability) category, in large part due to the astonishingly high rate of passengers bumped compared to its competitors. From 2023-2024, Frontier involuntarily bumped over 17,000 passengers, compared to Delta, which bumped four total, and Allegiant, which bumped zero.' United, which moved up from No. 3 last year to No. 2 this year, topped Delta in loyalty rankings and 'nearly gave the airline a run for its money in categories like onboard experience,' The Points Guy says. Hawaiian Airlines ranks No. 5, followed, consecutively, by JetBlue, American, Allegiant, Spirit and Frontier. Allegiant, Spirit and Frontier 'occupied the bottom tier of the rankings, hindered by their myriad of add-on fees, loyalty programs that didn't measure up and fewer on-board features and amenities than their larger competitors,' The Points Guy says. Travel website The Points Guy names United Airlines No. 2 among U.S. airlines. (Photo by) For each airline, The Points Guy analyzed 2024 data from the U.S. Department of Transportation, including passenger complaints, lost luggage reports and operational data. The Points Guy also took into account each airline's route network, fleet data and financial information. 'With changing airline policies, systemic delays and increased scrutiny on air travel, our goal at The Points Guy is to help consumers navigate the constantly changing aviation landscape,' says Brian Kelly, the founder of The Points Guy. 'Our Best Airlines Report thoroughly analyzes and compares each airline's performance to help consumers make the right choice for them, because not all airlines are created equal. Ultimately, we want consumers to know they have a choice so they can fly the airlines that best align with their needs.'

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