News 

Why did company collapse and what are passengers’ options?

“This winter is proving extremely cruel to small airlines, which have high fixed costs and, currently, very low revenues” writes Simon Calder for independent.co.uk. With passengers spoiled for choice and keen to find low fares, airlines with high costs – as small regional airlines tend to be – watch their passengers disappear to bigger rivals.Small regional airlines based in the UK are particularly vulnerable.The very small number of passengers whose bookings were made as part of a package holiday should contact the tour operator to discuss options. Source: independent.co.uk

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News 

Major airlines are adding non-binary gender options for boarding passes

“Airlines for America, the trade group that represents major domestic airlines including American, Alaska, United, Southwest, and JetBlue, announced Friday that its members will add an “X” option for non-binary passengers, effective June 1, 2019″ writes Graham Rapier for businessinsider.com. “As part of Delta’s ongoing efforts to accommodate the needs of diverse customers throughout our business, we are planning to offer a non-binary gender option during the booking process,” a spokesperson said.Read more:The airline industry’s Trump-endorsed case for privatizing air traffic control may be getting a boost, experts say As…

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Crypto Markets News 

Investors are Moving Toward Derivatives to Survive ‘Crypto Winter’

“However, according to Cedric Jeanson, CEO of blockchain asset management and advisory firm BitSpread, cryptocurrency options contracts are declining rapidly in recent months” writes Arnab Shome for financemagnates.com. The dominating bear in the cryptocurrency market has forced investors to turn to derivatives, like options, to survive the financial bloodbath, according to a Bloomberg report.The official statistics of these contracts are hard to gather as unlike listed derivatives, these are mostly bilateral contracts between two parties.According to the publication, crypto investors dominated by software developers and tech experts are even negotiating…

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News 

Regeneron, Sanofi to offer new Praluent high cholesterol drug options at 60% discount

“Offering a lower-priced Praluent will help lower seniors’ out-of-pocket costs and thereby remove another barrier to receiving this important medicine,” said Regeneron Chief Executive Leonard Schleifer” writes Reporter Editor for marketwatch.com. The companies said out-of-pocket costs for Medicare Part D patients could be lowered to $25 to $150 a month, which depending on insurance plans could save as much as $345. Source: marketwatch.com

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News 

Funding Options, Caxton FX Pair Up On Multi-Currency SMB Card

“U.K. marketplace lending company Funding Options is teaming up with Caxton FX to introduce a prepaid multi-currency payment card for small businesses (SMBs)” reports pymnts.com. The solution is designed to help small businesses manage spend while traveling across borders, the companies said in a press release on Thursday (Feb. 7), while also helping SMBs save on foreign exchange (FX) costs.The collaboration marks Funding Options’ entrance beyond small business lending, according to the firm’s CEO and Founder Conrad Ford. “A pre-loaded currency card is the simplest way for small business owners to…

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