Innovative Food Holdings Announces Expansion of Airline Business With New First-Class Cheese Program

Core Insights - Innovative Food Holdings, Inc. (IVFH) is expanding its airline business with a new first-class cheese program for a major international airline, expecting approximately $700K in new revenue during its first year [1][2][3] Group 1: Business Expansion - The new cheese program will provide precision-cut portions that require no additional handling at airline catering stations, streamlining service while maintaining quality [1][2] - IVFH will leverage its extensive vendor network to supply a range of premium cheeses, including whole wheels and 0.75 oz cuts, facilitated by automated cutting equipment that has doubled volume per labor hour [2][3] Group 2: Operational Efficiency - The company has undergone a transformation by streamlining operations and focusing on high-growth opportunities, which has led to doubled revenue and labor productivity [3] - After divesting from unprofitable e-commerce operations, IVFH is utilizing its existing assets and vendor relationships to build a more focused business line [3] Group 3: Future Growth Potential - The airline business is identified as a key growth driver, with IVFH participating in multiple airline menu planning cycles, creating opportunities for new item placements and expanded partnerships [3]