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News Roundup
This is a roundup of news and other interesting pieces that I’ve come across over the last few days. Read about pilots falling asleep on flight from NYC to Rome, limited time offer for Disneyland, ISS urges Spirit shareholders to reject Frontier offer, 1% loan for American citizenship applications, and Manhattan’s first public beach.
Pilots fall asleep on flight from NYC to Rome
Two airline pilots reportedly fell asleep on a flight from New York City to Rome last month while their plane was still in the air with as many as 250 passengers on board, investigators found.
The investigation said that both pilots of an ITA Airways flight that departed from John F. Kennedy International Airport on April 30 were allegedly sleeping in the cockpit as their Airbus 330 flew 38,000 feet over France. While one pilot slept during his designated sleeping break, the airplane’s captain fell asleep too, investigators said.
Disneyland Resort Limited-Time Summer Ticket Offer for California
For a limited time, California residents may visit the Disneyland Resort theme parks for as low as $83 per person, per day with this special ticket offer. These 3-Day, 1-Park per day tickets start at $249 for admission on Mondays through Thursdays, or as low as $299 ($100 per day) for any day including weekends for eligible guests. The 3-Day, 1-Park per day Park Hopper ticket can be purchased for an additional $60. The limited-time tickets are available for purchase starting May 31, 2022, and California residents may redeem their tickets on any three eligible days from June 13 – September 15, 2022, subject to park reservation availability.* These special tickets may be purchased at Disneyland.com, through a travel agent, or by calling (866) 572-7321. Valid admission and park reservation for the same park on the same date are required for park entry.
ISS urges Spirit shareholders to reject Frontier offer
Proxy advisory firm Institutional Shareholder Services Inc (ISS) has urged shareholders of Spirit Airlines to vote against a proposed merger with Frontier Group Holdings.
JetBlue Airways Inc’s competing offer of $30 a share is superior from a financial standpoint, ISS said in a report on Tuesday, with a cash consideration at a meaningfully higher premium than the mostly stock deal from Frontier.
The value of Frontier’s cash-and-stock offer for each share of the discount carrier stood at $22.31 on Tuesday.
1% Interest Loan for American Citizenship Applications
More than nine million immigrants who are eligible to apply for US citizenship each year – 91% of whom never apply– will for the first time have access to a flexible 1% interest rate loan to cover the cost of their application.
While citizenship fees, which can cost up to $1,200, are in place to support United States Citizenship and Immigration Services (USCIS) operations, some immigrants cannot afford them.
Manhattan will soon be getting its first public beach!
In early 2019, it was announced that the Gansevoort Peninsula on the Hudson River would become home to a new Manhattan beach by 2022. Though that date has now been moved to late 2023 due to COVID-19, the project is still moving forward. The landscape architecture firm behind Domino Park and the High Line—James Corner Field Operations—had already been approved by the Hudson River Park Trust to design a public park with beach access on the Gansevoort Peninsula, and now next steps are finally taking place.
