IN BRIEF
Franchising :The Fat Banana takes mobile restaurant success Stateside
The Fat Banana, a Canadian division of US-based ICaptivate, Inc, a leader in branded mobile content, mobile advertising and promotions, has announced that the company has created and run successfully two mobile restaurants in Thailand and is bringing the success to the United States.
The Fat Banana is a one-stop shop for everything "Banana". This innovative and widely popular mobile fast casual restaurant concept is now set to launch potential franchisees around the globe. The company offers the lowest entry into fast-food franchising anywhere through its mobile kiosks, a delicious everything-banana food menu and cool branded merchandise, said Gary German, the founder of The Fat Banana. The total cost of a Fat Banana licence is US$35,000 (Bt1.3 million) for the first 500 locations, plus $50,000 for the equipment and mobile kiosk. With a low royalty rate of 4.5 per cent, getting into the market is easy and cost effective, said German.
Aviation : Korean Air introducing flights to four more Chinese destinations This month, Korean Air will add more flights to China to total 21 destinations, further strengthening its commitment to be the preferred airline between North America and China. The new destinations are Dalian, Changsha, Nanjing and Guangzhou. Additional flights will be added to the carrier's existing destinations: Beijing, Hong Kong, Jinan, Kunming, Qingdao, Sanya, Shanghai, Shenyang, Shenzhen Tianjin, Urumqi, Weihai, Wuhan, Xiamen, Xi'an, Yanji and Yantai. Korean Air now flies from more cities in North America to more cities in China than any other airline.
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