Facebooks Zuckerberg Sandberg reportedly to skip hearing in Canada

first_img Other Labor Day sales you should check out Best Buy: In addition to some pretty solid MacBook deals that have been running for about a week already, Best Buy is offering up to 40% off major appliances like washers, dryers and stoves. There are also gift cards available with the purchase of select appliances. See it at Best BuyDell: Through Aug. 28, Dell is offering an extra 12% off various laptops, desktops and electronics. And check back starting Aug. 29 for a big batch of Labor Day doorbusters. See it at DellGlassesUSA: Aug. 29 – Sept. 3 only, you can save 65% on all frames with promo code labor65. See it at GlassesUSALenovo: The tech company is offering a large assortment of deals and doorbusters through Labor Day, with the promise of up to 56% off certain items — including, at this writing, the IdeaPad 730S laptop for $700 (save $300).See it at LenovoLensabl: Want to keep the frames you already love and paid for? Lensabl lets you mail them in for new lenses, based on your prescription. From now through Sept. 2 only, you can save 20% on the blue light-blocking lens option with promo code BLOCKBLUE. See it at LensablSears: Between now and Sept. 7, you can save up to 40% on appliances (plus an additional 10% if you shop online), up to 60% on mattresses, up to 50% on Craftsman products and more. The store is also offering some fairly hefty cashback bonuses. See it at SearsNote: This post was published previously and is continuously updated with new information.CNET’s Cheapskate scours the web for great deals on tech products and much more. For the latest deals and updates, follow the Cheapskate on Facebook and Twitter. Questions about the Cheapskate blog? Find the answers on our FAQ page, and find more great buys on the CNET Deals page. 7 Boost Mobile Turo is kind of like Uber meets Airbnb: You borrow someone’s car, but you do all the driving. I’ve used it many times and found it a great alternative to traditional car-rental services — in part because you get to choose exactly the vehicle you want (not just, say, “midsize”) and in part because you can often do pickup and dropoff right outside baggage claim.Between now and Sept. 1, the first 300 people to check out can get $30 off any Turo rental with promo code LDW30. $999 Turo Lenovo 130-15AST 15.6-inch laptop: $210 (save $90) Free Echo Dot with an Insignia or Toshiba TV (save $50) $6 at Tidal Formerly known as the Google Home Hub, Google’s Nest Hub packs a wealth of Google Assistant goodness into a 7-inch screen. At $59, this is within a buck of the best price we’ve seen. It lists for $129 and sells elsewhere in the $89-to-$99 range.This is one item of many available as part of eBay’s Labor Day Sale (which, at this writing, doesn’t specifically mention Labor Day, but that’s how it was pitched to us). Spotify and most other streaming services rely on compressed audio, which robs the listener of full fidelity. Enter Tidal, the only “major” service that delivers lossless audio — meaning at least on par with CD quality, if not better. Want to see (er, hear) the difference for yourself? Grab this excellent extended trial while you can. It’s just $6 for three months, and it’s good for up to six listeners. CNET may get a commission from retail offers. Post a comment See It See at Amazon An Echo Dot makes a fine match for any Fire edition TV, because you can use the latter to say things like, “Alexa, turn on the TV.” Right now, the 24-inch Insignia Fire TV Edition starts at just $100, while the 32-inch Toshiba Fire TV Editions is on sale for $130. Just add any Fire TV Edition to your cart, then add a third-gen Echo Dot, and presto: The latter is free. Lenovo Smart Clock: $59.99 (save $20) $90 at Daily Steals via Google Express $999 Tidal 3-month family subscription: $5.99 (save $54) Best Buy Read the AirPods review Read DJI Osmo Action preview DJI’s answer to GoPro’s action cameras is rugged little model that’s shockproof, dustproof and waterproof down to 11 meters. It normally runs $350, but this deal drops it to $261 when you apply promo code 19LABOR10 at checkout. Rylo 5.8K 360 Video Camera: $250 (save $250) Share your voice $999 Angela Lang/CNET Facebook CEO Mark Zuckerberg won’t attend an international meeting in Canada this week to discuss misinformation and election interference, CNN reports. Chip Somodevilla/Getty Images Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg don’t plan to attend a hearing in Canada, later this week, CNN reported Monday, despite being subpoenaed by a Canadian Parliament committee.The Facebook executives were invited earlier this month to appear before the International Grand Committee on Big Data, Privacy and Democracy in Ottawa on May 28, but neither responded. Zuckerberg also ignored requests to address a Canadian committee looking into election meddling and disinformation on Facebook.Not attending the hearing could result in the executives being held in contempt of parliament, but the subpoena can only be enforced if Zuckerberg and Sandberg go to Canada.Lawmakers from about 210 countries are expected to attend the meeting, which is scheduled to be held in Ottawa on Tuesday. Zuckerberg also declined to attend a joint international hearing in London last year to investigate disinformation and election interference.Facebook told CNN that instead of Zuckerberg and Sandberg, it’s sending to the meeting Kevin Chan, its head of public policy for Facebook Canada, and Neil Potts, its director of public policy.Last year, Zuckerberg testified before Congress following the Cambridge Analytica scandal, in which data from as many as 87 million Facebook users was improperly shared with the political consultancy.Facebook didn’t immediately respond to a request for comment. Read the Rylo camera preview $59 at eBay DJI Osmo Action camera: $261 (save $89) Rylo $299 at Amazon $210 at Best Buy Apple AirPods with Wireless Charging Case: $155 (save $45) Sarah Tew/CNET Read Lenovo Smart Clock review Tags Use promo code 19LABOR10 to get an unusually good deal on JBL’s interesting hybrid product — not quite headphones, and not quite a traditional speaker, but something you wear like neckphones to listen to music on the go.center_img See It Apple iPhone XS Sarah Tew/CNET What’s cooler: A snapshot of a firework exploding in front of you, or full 360-degree video of all the fireworks and all the reactions to seeing them? Oooh, ahhh, indeed. At $250, the compact Rylo dual-lens camera is selling for its lowest price yet. And for an extra $50, you can get the bundle that includes the waterproof housing.This deal runs through Sept. 3; it usually costs $500. Best laptops for college students: We’ve got an affordable laptop for every student. Best live TV streaming services: Ditch your cable company but keep the live channels and DVR. Mentioned Above Apple iPhone XS (64GB, space gray) TVs Speakers Mobile Accessories Cameras Laptops Automobiles Smart Speakers & Displays The problem with most entry-level laptops: They come with mechanical hard drives. That makes for a mighty slow Windows experience. This Lenovo model features a 128GB solid-state drive, so it should be pretty quick to boot and load software, even with its basic processor. Plus, it has a DVD-burner! That’s not something you see in many modern laptops, especially at this price. $261 at Daily Steals via Google Express Though not technically a Labor Day sale, it’s happening during Labor Day sale season — and it’s too good not to share. Nationwide Distributors, via Google Express, has just about the best AirPods deal we’ve seen (when you apply promo code ZBEDWZ at checkout). This is for the second-gen AirPods with the wireless charging case. Can’t imagine these will last long at this price, so if you’re interested, act fast. Sarah Tew/CNET Sprint Mark Zuckerberg Facebook Sheryl Sandberg,I’m shocked — shocked! — to learn that stores are turning Labor Day into an excuse to sell stuff. Wait — no, I’m not. As much as I respect the original intent of the holiday (which became official back in 1894), to most of us, it’s just a bonus day off — one that’s blissfully tacked onto a weekend. So, yeah, stores; go ahead, run your sales. I’m listening. Perhaps unsurprisingly, Labor Day doesn’t bring out bargains to compete with the likes of Black Friday (which will be here before you know it), but there are definitely some sales worth your time.For example:We’ve rounded up the best Labor Day mattress deals.We’ve also gathered the best Labor Day laptop deals at Best Buy.The 2019 Vizio P Series Quantum is back under $999.Be sure to check out Amazon’s roughly three dozen Labor Day deals on TVs and audio. Google Express is having a big sale as well, one that includes deals on game consoles, AirPods, iPhones, laptops and more.Below I’ve rounded up a handful of individual items I consider to be the cream of the crop, followed by a handy reference guide to other Labor Day sales. Keep in mind, of course, that products may sell out at any time, even if the sale itself is still running. Note that CNET may get a share of revenue from the sale of the products featured on this page. $999 0 Review • iPhone XS review, updated: A few luxury upgrades over the XR Recently updated to include digital-photo-frame capabilities, the Lenovo Smart Clock brings Google Assistant goodness to your nightstand. It’s a little smaller than the Amazon Echo Show 5, but also a full $30 less (and tied with Prime Day pricing) during this Best Buy Labor Day sale. JBL Soundgear wearable speaker: $90 (save $160) Google Nest Hub: $59 (save $70) Tags $520 at HP Chris Monroe/CNET Share your voice $155 at Google Express Turo: Save $30 on any car rental See It $60 at Best Buy Comments Tech Industry Sarah Tew/CNET Preview • iPhone XS is the new $1,000 iPhone X See it The Cheapskate HP Laptop 15t Value: $520 (save $780) See at Turo Read Google Home Hub review I thought this might be a mistake, but, no, the weirdly named HP Laptop 15t Value is indeed quite the value at this price. Specs include an Intel Core i7 processor, 12GB of RAM, a 256GB solid-state drive and a 15.6-inch display. However, I strongly recommend paying an extra $50 to upgrade that display to FHD (1,920×1,080), because you’re not likely to be happy with the native 1,366×768 resolution. Amazonlast_img read more

While We Might Be Divided Dan Rather Says Theres More Of What

first_img 00:00 /11:50 – / 9 Listen X Michael Hagerty These days, we’re so used to hearing how divided we are as a nation. But not everyone sees it that way.Long-time CBS News anchor and Houston-area native Dan Rather spoke here last week about just that. He’s on a book tour discussing What Unites Us: Reflections on Patriotism, his collection of essays on the values and characteristics he feels most Americans share – despite their political affiliations. Houston Public Media’s Ernie Manouse interviewed Rather onstage at the Brazos Bookstore event.Rather spoke about how he got interested in journalism. He told of how being bedridden with rheumatic fever – with only the radio as his companion – gave him a hunger to explore the world around him. He discussed the sense of optimism that led him to write the book. And he compared how this current climate for journalism and journalists compares to what he’d seen over the course of his long career.MORE: Dan Rather – Extended Conversation Xcenter_img 00:00 /39:14 To embed this piece of audio in your site, please use this code: Share To embed this piece of audio in your site, please use this code: Listenlast_img read more

Indian theatre faring poorly

first_imgIt’s faring very badly… because the kind of state subsidised or state sponsored theatre that we have is very mediocre, because of the bureaucracy involved and a lot going on that is very unhealthy for artistic growth’, Dattani said in an interview. An out-of-the-box-thinker, the Mumbai-based Gujarati has also donned the director’s hat for movie ventures such as the Shabana Azmi-starrer Morning Raga and Mango Souffle (2002), tagged as the country’s first gay male film. He was in the city to conduct an intensive acting workshop organised by art and culture magazine Kindle in association with the iLEAD educational institution and The Corner Courtyard, a newly-opened boutique hotel. Also Read – ‘Playing Jojo was emotionally exhausting’He is the first Indian playwright in English to receive a Sahitya Akademi award. And to pump fresh life into regional theatre, there’s a need for more money, more collaborations and at the heart of it, artistic integrity, says he.‘Collaborations are good…one can learn from marketing techniques…how they (international theatre) can sustain themselves in stiff competition. Acknowledging that films are “our bloodline”, he conceded that while Bollywood can be meaningful, its shallowness has influenced commercial Indian theatre. Also Read – Leslie doing new comedy special with Netflix‘Bollywood is inspired by shallow Hollywood and commercial Indian theatre is inspired by shallow Bollywood’, he said pointing out the vicious circle. Moreover, the ace playwright highlighted the flip side of blindly aping western concepts in theatre, that is adopting a text-based approach while traditionally it is a rich blend of text, dance, music and drama. International influences, he said, ‘are not necessary at all’. ‘In fact, sometimes I feel they are detrimental. I am not against cultural collaborations but what I am talking about is blind following of western concepts and systems – which is what modern Indian theatre does. Noting some encouraging trends in Indian theatre, such as its becoming more visually rich – in terms of intelligent use of space and spontaneity – and shifting away from verbosity’, Dattani said the surge in numbers of international collaborations and experiments hasn’t yielded anything original.Known for exploring sensitive issues, he dubs recent instances of curbing creative freedom in India as an ‘unhealthy trend’ but also a ‘backhanded compliment’ to the might of art forms in bringing about change.‘I think it is a very unhealthy trend and in a way it’s a backhanded compliment to theatre because people are saying that theatre is powerful enough to make a difference and that is why you are bringing in all these restrictions,’ Dattani added.‘With these restrictions the first freedom that goes is the freedom of expression and the rest follows,’ said the man behind thought-provoking works like Dance Like a Man, Thirty Days in September and Final Solutions. In his tryst with theatre and films, the 55-year-old has delved deep into topics of gender bias, communal tensions and homosexuality among others. A staunch believer in theatre’s power to ‘reflect society’, Dattani said the medium should be channeled to showcase the current scenario of increasing violence against women as well as bring out the ‘much-ignored’ lesbian-gay-bisexual-transgender (LGBT) community.last_img read more

VIT recognises relief efforts in floodhit Kerala

first_imgThanima ’18, the annual cultural event to mark Onam festival was recently held at Vellore Institute of Technology. The festival was inaugurated by Malayalam actor Amit Chakkalakkal while Dr G Viswanathan, Founder, and Chancellor of VIT, handed over prizes to those who had extended help in all forms to the Kerala flood victims.Thanima is held at VIT and organised by students and faculty hailing from Kerala. The recent Kerala floods had caused immense destruction to the State and people from all over the world had contributed for relief and rehabilitation. Students, parents, staff and the management had mobilised a relief amount Rs 1 crore, which was personally handed over to Kerala Chief Minister Pinarayi Vijayan by Dr Viswanathan. In addition, with help from philanthropists in Vellore, students mobilised Rs 20 lakh worth of clothes, medicines, and stationery and this was sent in a truck to Kerala. This year’s Thanima was held as an event to express gratitude to the people who had contributed to the flood relief. Also Read – Add new books to your shelfSpeaking at the function held at Anna Auditorium, Dr Viswanathan said that Thanima was being staged this year as an event to express gratitude to all those who had contributed to the relief and rehabilitation following the floods in Kerala. He said that he felt immensely happy that Thanima was conducted by students from Kerala, 1,500 of whom were studying here and 160 faculties, who taught at VIT. Thanima was an event in which not just people from Kerala took part, but students from faculty from all over India took part with great interest. Also Read – Over 2 hours screen time daily will make your kids impulsiveChakkalakkal, who inaugurated the event by lighting a traditional lamp, said that it gave him immense happiness to take part in the cultural festival. After completing his school he went to Bengaluru to study engineering. He said that he had completed his engineering studies eight years ago and it was struggling to succeed in life that had brought him as chief guest at the function in VIT now. He further extolled students to dream and struggle in order to fulfill it. Besides Malayalam writer Pushpa Kurup, who was the guest of honour, Director of Students Welfare Amit Mahendrakar, and professors Naiji, Jagadeesh Kumar also marked their presence at the occasion. Students presented kummi dance, drama, and other cultural programmes, followed by a vote of thanks by student coordinators Sachin and Malavika.last_img read more

Over 60 arrested in Bengals Bhatpara political blamegame on

first_imgKolkata: West Bengal’s ruling Trinamool Congress and the Bharatiya Janata Party (BJP) on Tuesday continued to blame each other over the violence in Bhatpara Assembly constituency – that voted in a bypoll last Sunday – while over 60 people have been arrested. The by-polls were necessitated after Arjun Singh, who defected to the BJP from Trinamool Congress, resigned as Bhatpara MLA to contest the Lok Sabha polls. His son Pawan Kumar Singh is fighting the Assembly by-polls on a BJP ticket. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: Mamata He faces former minister Madan Mitra of the Trinamool. “Police are beating up women and their role has called for immense protests. It is highly shameful. I want Election Commission to deploy military here and assign a special observer to oversee law and order and restore peace,” Singh said. On the other hand, Mitra alleged that BJP workers had torched the residences of Trinamool workers and councillors and the party has informed the District Magistrate about the situation. Also Read – Lightning kills 8, injures 16 in state “We want the rule of law to be in place immediately. If it is not established, people will take the matter in their hands,” he said. Earlier, state Food Minister and Trinamool North 24 Parganas district President Jyotipriyo Mullick had blamed Singh and the central forces for disruptions and obstruction of trains at Kakinara station. “Singh and his men are creating trouble. They are setting shops and houses on fire, disrupting trains and harassing the public. The paramilitary forces, deployed during the elections, are also supporting them. We have met the District Magistrate and sought their arrest within 24 hours,” he said. Police have made several arrests and deployed the Rapid Action Force (RAF) to control the situation. “Till morning 62 people were arrested. Raids are on and there have been more arrests. Some explosive material has also been recovered,” a senior officer of Barrackpore Police commissionerate said. He said prohibitory orders under Section 144 of the Criminal Procedure Code, banning assembly of more than four people in an area, have been imposed and police pickets posted. “We are announcing that people should not believe in rumours,” the officer added.last_img read more

7 Ways to Create a Killer Marketing Video Infographic

first_img 1 min read Video content is in more demand than ever right now, with 43 percent of consumers wanting to see more videos from marketers. Statistics have also shown that focusing on video content has huge benefits for companies, with 52 percent of marketers claiming that video has the best ROI as compared to all other types of content.Related: 5 Low-Cost Ways to Get Started With Video Marketing There are simple ways your business can gain an advantage through video content, even if that just means having a video on your landing page. This type of content is extremely engaging and grabs attention more efficiently than just text or photographs alone.To see how video marketing can work for you and your business, check out the infographic below from MicroCreatives and start telling your brand story today. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global December 10, 2017center_img Growing a business sometimes requires thinking outside the box. Register Now »last_img read more

We believe every advisor wants to be proud of their brand Jeff

first_img Wednesday, September 20, 2017 Travel Edge CEO & Owner Jeff Willner started Kensington Tours from his kitchen table in 2006, with a box of office supplies from his last job. Like many home-based advisors, he went without a paycheck for over a year when times were lean.Originally specializing in African safaris, Kensington Tours almost went out of business several times with the 2007 Kenya election violence that cut tourism in half, and the global economic meltdown in 2008.That was then and this is now. Kensington Tours grew slowly but surely over the years and is now a $100 million tour company.Not only that, but 6 years ago Willner started acquiring travel agencies with the goal of creating the top luxury agency in North America.With a corporate family where everyone trusts each other to work hard, and a meaningful investment in making the world a better place, “you can’t help but continue to grow”, says Willner in his role as CEO and Owner of Travel Edge.Travel agents might be familiar with the name Worldview. “Worldview has always been a part of the Travel Edge Group of companies,” says Willner. “We built the company with a series of acquisitions starting in 2011 that included luxury leisure agencies and corporate agencies.”The company was called Worldview in the press, says Willner, but really it was a collection of 12 acquired agencies, most of whom continued to operate under their own names including: The Travel Network (Toronto), Pisa Brothers Travel (New York), Travel Door (California), and Century Travel (Atlanta). The company currently has 11 offices in Canada, the U.S. and Bermuda.”The decision to re-brand to Travel Edge was based on a desire to bring the company’s leading edge technology and combine it with the decades of experience and client relationships from the agencies, he adds.“There was a general feeling from our discussions with our agents and management that we needed a fresh start. Travel Edge was selected based on the idea that we provide a competitive edge to our agents, and our agents provide better travel experiences and a lifestyle edge for their clients.”In addition to the name, the company wanted a new logo and an updated look and feel. The new logo has two components: the stylized ‘route map’ insignia and the Travel Edge wordmark.Willner says he’s confident in Travel Edge’s strategy to become the largest and best luxury agency in North America. Travel Edge is now a $750 million company with over 750 advisors specializing in Leisure, Corporate & Events, and Tours travel.Most of the company’s advisors – about 70% – are home-based. “Many have decades of experience but a growing number are professionals who have moved to travel as a second or third career. We have carefully built a support team to help our agents grow their sales and most importantly grow their profits.”Willner says Travel Edge’s advisor services are intentionally designed to support agents wherever they choose to work. “We are committed to consistent communication and accessible training including recorded sessions,” he said.He says Travel Edge offers the highest, achievable commission levels in air, cruise, hotels, resorts and tours. “But what is interesting about Travel Edge is we also offer full professional services including finance, HR, technology, three different GDS, ClientBase, email, marketing, legal, and more. So agents have the best of both worlds: industry leading commissions plus the benefits of full service.”Ultimately the company’s “true competitive advantage” is the Agent Digital Experience (ADX) tool, he says. Travel Edge has invested over $20 million in the past five years to build a modern travel management tool that “transforms agent profitability”. “They can bundle multiple products with a single click, instantly show Virtuoso amenities, cross sell/upsell, see commissions live, auto invoice, and stay informed with online reports. We believe ADX is truly transformative for the luxury leisure agent.”Asked what sort of reaction he’s heard from Travel Edge travel advisors about the rebranding, Willner says feedback on the new brand has been “really positive”.“[At our] road show to almost all of our branches I had the pleasure of chatting directly to most of our advisors. We believe every advisor wants to be proud of their brand. We are on a journey to create a luxury brand that can hold its own across all industries. And that is a message that has really resonated with our employees, agents and the rest of the industry. They are also very excited that as our brand starts to gain awareness it will result in more leads and more closed sales.”Is Travel Edge still pursuing the acquisition of more agencies? “Candidly we have been very successful as a company with double-digit organic growth, hundreds of advisors who have joined our Advisor Program and ongoing acquisitions,” says Willner, adding, “I believe with a corporate family that can trust each other to work hard, and a meaningful investment in making the world a better place, you can’t help but continue to grow.” << Previous PostNext Post >> Share Tags: Sphere, Travel Edgecenter_img “We believe every advisor wants to be proud of their brand”: Jeff Willner talks about the Travel Edge difference Travelweek Group Posted bylast_img read more

Winter sun sales are ahead 9 and half the capacity is booked

first_imgWith files from The Canadian Press Share << Previous PostNext Post >> Friday, December 15, 2017 Winter sun sales are ahead 9% and half the capacity is booked: Transat Posted by Tags: Air Transat, Transat MONTREAL — Revenues were up 14% for Transat A.T. Inc. in the fourth quarter of 2017, following an “excellent” summer season that President and CEO Jean-Marc Eustache says was one of the best in the company’s history.Transat A.T. plans to spend $750 million over the coming years to develop its hotel chain in Mexico and the Caribbean.Vertical integration is crucial, said Odette Trottier, Transat’s Director, Communications and Corporate Affairs, in an interview with Travelweek earlier this fall: “It becomes more and more important for leisure travel companies to control the actual products – the flight, transfers and excursions, and, of course, hotels.”In a conference call on Thursday Transat co-founder and CEO Jean-Marc Eustache said he plans to devote the next 18 to 24 months until he retires to begin developing the chain of hotels while his heir, Annick Guerard, runs the company as COO.“It’s our main goal for the development of Transat,” said Eustache.A president for the hotel division will be hired within weeks to put the plan in action before he “disappears” after retiring and leaving his position as chairman, he added.Transat plans to purchase and refurbish one hotel and a piece of land this year as it looks to build a network of 5,000 rooms, 60% of which it will own and manage, over the next five to seven years.In October Transat sold its 35% stake in its Ocean Hotels joint venture for $186 million. The company also signed a deal last month to sell its Jonview Canada subsidiary to a Japanese company for $44 million.Transat has also simplified its fleet to give it more flexibility, improved its digital footprint, augmented the amount of trips it sells directly and improved revenue management. “I think we are better armed to face any of those actions coming from our competitors in the future,” said CFO Denis Petrin.Transat beat expectations as the travel company’s fourth-quarter net income surged due to a strong transatlantic summer season and the sale of its stake in Oceans Hotels.For the quarter ended Oct. 31, 2017, the company posted revenues of $698.6 million, compared with $612.1 million for the same period in 2016, an increase of 86.4 million. This increase resulted mainly from an 8.7% increase in total travellers in the transatlantic market, while average selling prices were up 4%. In this market, Transat A.T. increased capacity by 8.5% compared with 2016, while overall capacity was up nearly 5%.More news:  Direct Travel names Smith as Senior VP, Leisure Marketing, North America“The fourth quarter, like the summer as a whole, was excellent. Financially, our summer results were among the best in our history and significantly improved our results for the year compared with last year,” said Eustache. “From a strategic standpoint, we made great strides towards establishing our hotel division and in several other major areas, including fleet composition and corporate leadership succession.”In the sun destination market, the corporation’s capacity was down 3.8% compared with 2016 due to hurricanes Irma and Maria, which resulted in the repatriation of passengers, particularly in Cuba and the D.R. and the cancellation of certain flights. As a result, total passengers were down 2.7% in that market, while average selling prices rose 7.2%.Transat A.T.’s operations generated $78.5 million in adjusted operating income compared with $46.5 million in 2016. This uptick was driven primarily by higher average selling prices across its markets, as well as by higher capacity and load factors in the transatlantic market.On Oct. 4, 2017, the corporation completed the sale of its 35% minority interest in Ocean Hotels to H10 Hotels, ahead of the anticipated Nov. 2, 2017 closing date. As announced earlier this July, the sale closed for $187.5 million, received in cash on Oct. 4.For the whole year, Transat A.T. posted revenues of $3.0 billion compared with $2.9 billion in 2016 and adjusted operating income of $102 million, compared with $25.8 million in 2016. During the summer, the corporation increased its product offering in the transatlantic market by 7.9%, and average selling prices were higher across its markets. All markets combined, total travellers were up 8.2% for the year.More news:  Le Boat has EBBs along with its new 2020 brochureFor the winter season, it posted an operating loss of $65.7 million (4.2%) compared with $54.2 million (3.4%) in 2016. This decline was due to a rise in air costs and the unfavourable foreign exchange effect which, combined with an increase in fuel prices, resulted in a $39.3 million increase in operating expenses for the winter. This could not be offset by higher average selling prices for sun destination packages, noted the company.During the summer, operating income amounted to $100.5 million (7.0%), compared with $23.9 million (1.9%) for the previous year, driven primarily by higher average selling prices, capacity and load factors across markets.This year, and particularly in the last six months, a number of initiatives were carried out to lay the foundations for the 2018-2022 plan. These include the announcement of the leases for 10 Airbus A321neo LRs, to be operational from the beginning of 2019, the extension of existing A330 leases under better financial conditions, the addition of new A330s, and an agreement with Thomas Cook that will see it provide the corporation with A321ceos in the winter, replacing the Boeing 737s currently operated by Transat.Looking ahead to the first half of fiscal 2018, Transat A.T. reports that capacity is up 8% in the sun destination market outbound from Canada. To date, 50% of that capacity has been sold, bookings are ahead by 9.2%, and load factors are similar. Due to the strengthening of the Canadian dollar, offset by rising fuel costs, operating expenses are currently down 2.1%, while margins are currently up 2% from the same date last year.As for the transatlantic market, where it is low season, Transat’s capacity is up 20% from last winter. To date, 47% of that capacity has been sold, bookings are ahead by 15% and load factors are down 2%.If these trends continue, Transat said it expects to achieve better results than in the 2017 winter season. Travelweek Group last_img read more