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Silver Airways abruptly shuts down, tells passengers not to go to airport
Silver Airways abruptly shuts down, tells passengers not to go to airport

Yahoo

time3 days ago

  • Yahoo

Silver Airways abruptly shuts down, tells passengers not to go to airport

Silver Airways abruptly scuttled all of the Florida regional carrier's flights and told passengers booked on flights scheduled to depart Wednesday not to go to the airport. The bankrupt carrier said in an Instagram post that it would no longer serve customers as of June 11. Silver Airways also said it struck an agreement to sell it assets to a buyer that decided not to continue the carrier's flight operations, part of an effort to restructure the company's debt. The Hollywood/Fort Lauderdale-based airline, which launched in 2011 and which has hubs in Fort Lauderdale, Tampa and Orlando, filed for Chapter 11 bankruptcy in December, saying the move would allow it to raise money and remain competitive. Silver Airways canceled 52 flights Wednesday, according to flight tracking site FlightAware. Industry analysts said they weren't surprised the airline had shut down. "It was more a matter of when, rather than if, Silver would shut down," Atmosphere Research Group airline industry analyst Henry Harteveldt told CBS News. Silver served more than a dozen destinations across Florida, the Bahamas and the Caribbean. It also owned a subsidiary airline, Seaborne, that operated seaplanes flying to the islands of St. Croix and St. Thomas. In its social media post, Silver said it would refund customers' purchases through either their credit card companies or the travel agency through which they booked flights. An accused woman skips her pedicure, kills her ex-husband LAPD chief speaks out about deployment of military forces to anti-ICE protests Sneak peek: The Day My Mother Vanished

Starbucks is testing a new banana-flavored protein cold foam
Starbucks is testing a new banana-flavored protein cold foam

Yahoo

time3 days ago

  • Business
  • Yahoo

Starbucks is testing a new banana-flavored protein cold foam

Starbucks is piloting a new menu item that will give people a boost of protein with their morning latte. The coffee chain is testing a new protein cold foam at five locations across the U.S., CNN reported. The foam is banana-flavored and paired with the coffee chain's iced latte beverage, a Starbucks spokesperson confirmed with CBS MoneyWatch. Protein drinks and snacks have ballooned in popularity in recent years — a trend celebrities like Khloé Kardashian are looking to cash in on with products like Khloud, a protein popcorn. Protein shakes are now a $6 billion sector, according to Beverage Digest. Starbuck's foray into protein beverages is part of a larger push to reimagine its menu. The company, according to its website, is piloting an array of new products at select U.S. locations known as the Starting Five. Current products being tested include a Strato Frappuccino and croissants baked in-store. The company says it will test these food and beverage options through its Starting Five program before launching them at the national level. To make way for new menu items, Starbucks will pare down its food and beverage offerings by 30% by the end of Fiscal Year 2025. "By simplifying our menu, we're helping to create a more intentional, thoughtful experience for our customers — one where every drink is handcrafted with precision and care," the company posted online. The menu redesign comes at a time of financial tumult for the coffee chain. Sales remained relatively flat through 2024 and the start of 2025. "Our results do not reflect the strength of our brand," said Rachel Ruggeri, chief financial officer in the company's 2024 Fiscal Year results. In an effort to boost sales and lure people back to its retail locations, CEO Brian Niccol unveiled the "Back to Starbucks" restructuring plan in September 2024. The ongoing initiative involves a series of upgrades to its operations and appearance — such as a new dress code for baristas that highlights the the coffee chain's "iconic green apron." An accused woman skips her pedicure, kills her ex-husband LAPD chief speaks out about deployment of military forces to anti-ICE protests Sneak peek: The Day My Mother Vanished

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