published Wednesday, April 10th, 2013

Business Briefs: Chattanooga boasts cheaper European fares

Chattanooga boasts cheaper European fares

From Atlanta, round-trip air fares on departures to Great Britain now through May 16 are $1,120, according to ajc.com. That's $186 more than the Chattanooga price, it said, though travelers will have to connect in Atlanta.

Lovell Field spokeswoman Christina Siebold said the airport tracks its fares, and Chattanooga's ticket prices are competitive with other cities, including Atlanta.

"Sometimes it's a little less. Sometimes a little more," she said.

McKee completes Drake's purchase

McKee Foods Corp. completed its $27.5 million purchase of Drake's cakes from the bankrupt Hostess bakery on Tuesday. U.S. Bankruptcy Judge Robert Drain signed off on the sale to McKee, which submitted the only qualified bid for the brands. McKee spokesman Mike Gloekler said. McKee will take over the name and some of the bakery equipment as soon as possible and soon begin making Drake's products, including Devil Dogs, Ring Dings, Yodels, Yankee Doodles, Sunny Doodles, Funny Bones and Drake's Coffee Cake.

"We hope to be able bring these products back on the shelf in the very near future," Gloekler said.

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