Monthly Archives for October 2022.
In general there’s a branded marketing tie-in to these tarmac transfer deals, best thought of as a merchant-funded offer conceptually similar to statement credits and elite status provided through credit card issuers. Here Jaguar’s electric I-PACE is what’s being promoted, showcased for the very customers that United values most. There’s even a 50,000 mile offer for buying one.
A week ago I was first to cover that Singapore Airlines would drop Dom Perignon from its first class and Suites cabin, though generally still offer two outstanding choices: Krug and Taittinger Comtes de Champagne.
It turns out that the reason for the change isn’t budgetary (they got a great deal from Taittinger) or a sourcing problem (there’s no Dom Perignon supply chain breakdown) but rather the airline, which was at one point reportedly the world’s second-largest purchaser of Dom, has been shut out from access.
The premium American Airlines credit card, the Citi Executive AAdvantage card, is a bit of a throwback. The card has been largely unchanged since it launched in summer 2011. So it doesn’t have many of the benefits of other airline premium cards. However, it is by far the cheapest way to gain club access with American Airlines, since the price of membership has risen while this card’s annual fee has not. The card is overdue for a refresh.
It’s much, much easier to earn status when you already have status with American. If you were flying to earn status and not engaging in any other activity, it would take $18,182 for an existing Executive Platinum member to re-earn Executive Platinum. In contrast, someone starting with no status and earning Executive Platinum on flying alone would need to spend $27,012 on tickets. But you don’t have to start fresh.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Bilt Rewards, the loyalty program which lets you earn points for paying rent and which offers probably the single best no annual fee rewards card in the market (the Bilt Mastercard), announced a growth round of $150 million in new funding at a $1.5 billion post-money valuation. Their round was led by Left Lane Capital and included Smash Capital, Wells Fargo, Greystar, Invitation Homes, Camber Creek, Fifth Wall, and Prosus Ventures.
These things can be somewhat challenging to date, but it appears to me that Bilt Rewards is faster from launch to unicorn status than Square, Instacart or Twitter were. And there’s two reasons this strikes me as important.
American Airlines has joint ventures with several airlines, including British Airways, Qantas, and Japan Airlines. In theory these are “metal neutral” – it isn’t supposed to matter to the airlines which one flies a given route. They split the money.
So how do they decide who flies? In a recent employee meeting, a recording of which was reviewed by View From The Wing, American’s Vice President for Network and Schedule Planning Brian Znotins explained how they coordinate schedules with their joint venture partners, including who flies where and when.
Alaska Airlines has eliminated miles expiration. Accounts used to go inactive (therefore expiring miles) after 24 months without earning or redeeming their points. Now accounts go inactive but can be reactivated with all of your points restored for free – as long as you do it within a year. I missed this last wrinkle when first looking at the change, and it means account expiration in 3 years of true inactivity.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Austin airport is experiencing record passenger growth, and the terminal needs to grow along with it. So the city’s solution is to use eminent domain to acquire property they already own, by cancelling a lease that they themselves signed. It’s a strange use of the government takings power, which underscores that the city never keeps its word and anyone investing $12 million dollars in a city project does so at their own risk.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
