Monthly Archives

Monthly Archives for January 2021.

No Plans For American Airlines To Reintroduce Real First Class Meal Service Before Covid Ends

Jan 31 2021

During American’s “State of the Airline” presentation and question and answer with employees, Managing Director of Flight Service Brady Byrnes explained that they’re working through what’s next for meals and are talking with the flight attendants union “about what is the right timing both from a customer and from a crewmember perspective.”

The purpose of American’s current Charlotte meals test is to “kind of understand when we do reintroduce full service, what products we should be offering, kind of streamlining the service for our flight attendants and really making sure that our customers enjoy it.” The return to service is going to be streamlined.

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$10 Billion Embezzled From Bankrupt Airline Group

hongkong airlines plane
Jan 31 2021

China’s HNA Group began with Hainan Airlines and then acquired brands like Radisson Hotels; airline caterer Gate Gourmet; 25% of Hilton; nearly 10% of Deutsche Bank; and 29% of NH Hotels. They acquired stakes in Red Lion Hotels; Virgin Australia; TAP Air Portugal: South Africa’s Comair; Azul Brazil and much more. The company’s corporate structure sometimes makes it difficult to discern what they own, what they’ve sold off, and what they’ve merely sold to themselves.

Before the pandemic they worked to reduce a debt load that exceeded $100 billion by selling off assets, but continued to face problems paying for fuel, problems paying employees, and problems paying investors. HNA even offered investors airline airline tickets in lieu of interest payments.

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American Airlines Is Bringing Pre-Order Meals Back For Transcon And Hawaii Flights

Jan 31 2021

American Airlines started letting customers pre-select their meals online when they’re flying in premium cabins back in the fall of 2012. Delta didn’t roll out this feature until early 2019 and going into the pandemic United was still in testing.

The airline offered meals pre-ordered between 30 days and 24 hours before a flight, selecting from items that are offered on board anyway. Most meal service on domestic flights was scrapped, though, early in the pandemic.

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This Airline Tried Securities Fraud Before. Now In The GameStop Era They’re Giving It Another Run

Jan 30 2021

Barry Michaels has been trying to start an airline for 30 years. The idea all along has been the same: fly Boeing 747s domestically with cheap fares. He used to call the idea “Family Airlines.” And he even went to prison for tax and securities fraud in connection with raising money for the venture.

It’s now called Avatar Airlines, and they’ve sent out a press release ‘planning’ a billion dollar valuation – without even flying!

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American Airlines Tries To Sell Shares Into The Wall Street Bets Frenzy

Jan 30 2021

American Airlines stock went on a speculative tear as investors guessed that the Reddit ‘Wall Street Bets’ forum might turn their attention to the heavily-shorted airline stock after the GameStop play ends, or even sooner.

But the GameStop play is unique, a short squeeze like nothing we’ve seen since Volkswagen in 2008. It isn’t something that happens every day, at the drop of a hat, because a collective hedge fund on Reddit decides a stock is the next meme.

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Man Dressed Up As Ronald McDonald To Go Through Airport Security After Losing A Bet

Jan 30 2021

A man lost a bet and had to go to the airport and fly home dressed up as Ronald McDonald. And naturally there’s video of the whole thing. It all starts applying makeup at a Party City store and then heading off. Everything is going great until airport security.

The TSA was a real spoil sport here. They wouldn’t let him through security without taking his makeup off, ostensibly because they needed to match his face to his ID. He left and then returned looking defeated. Although actually proceeding through the TSA nude-o-scope as a well-masked fast food icon was well worth the effort.

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