Monthly Archives

Monthly Archives for May 2019.

American’s Joint Venture With LATAM Rejected By Chile’s Supreme Court

plane on tarmac
May 28 2019

Several South American countries have approved the American Airlines joint venture with LATAM, and American has expected to receive approval from the U.S. In a surprising move, the Chilean Supreme Court has overturned the country’s regulatory anti-trust approval of the deal citing limited competition and barriers to entry. Presumably with US regulatory approval American and LATAM will move forward with their joint venture excluding US-Chile from the arrangement.

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Starting August 1 U.S. American Express-Issued Priority Pass Cards Will No Longer Give Airport Restaurant Credit

airport shop
May 28 2019

American Express has confirmed to me that U.S.-based cards offering Priority Pass will no longer provide credit in participating airport restaurants going forward.

Effective August 1 “the Priority Pass Membership benefit offered on American Express Platinum and Centurion Cards and Hilton Ascend, Hilton Aspire, and Marriott Bonvoy Brilliant™ Cards will no longer include complimentary access to non-lounge airport experiences.”

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Will American Express Eliminate Priority Pass Restaurant Access? They’re Doing it in Hong Kong

restaurant
May 28 2019

We’re seeing what may be the beginning of the next big restriction on bank-provided Priority Pass cards: American Express has notified Hong Kong cardmembers that effective August 1 Priority Pass cards that come with their Centurion, Platinum, Peninsula Platinum, and Cathay Pacific Elite credit cards will no longer offer “non-lounge airport experiences” such as restaurants, cafes, and bars “where food/beverage credit is offered instead of entrance into a traditional airport lounge.”

This would cut American Express’ costs to issue these cards significantly, and be a huge cut in cardmember benefits. The worry here is that it could spread (1) to other American Express markets, and (2) to other issuers. I have asked American Express what their plans are for this restriction and will share anything that I learn.

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Rapper Says Cosmopolitan Las Vegas Keeps a List of Banned African American Recording Artists

art installation
May 27 2019

If this is true it’s monumentally stupid on the hotel’s part. If the rapper believes it’s true then he shouldn’t settle for an apology, he should sue the hotel for no other reason than to be able to subpoena documents and emails and depose witnesses. And assuming the subpoenas aren’t quashed the hotel would be in a position of having to pay out in a significant way to avoid embarrassment (and then presumably make copies of emails and documents disappear so to avoid a rinse, repeat scenario).

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