Monthly Archives

Monthly Archives for February 2023.

You Have To Report When You Carry Cash Out Of The U.S. – Not Just When You Enter

Feb 17 2023

U.S. Customs has seized cash from 13 travelers who were departing the United States just at Washington Dulles airport in the first six weeks of the year.

It’s widely known that you have to declare when you’re bringing over $10,000 in cash into the United States. You have to do the same when you’re leaving. Most people have no idea, and wouldn’t even know how to do it!

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Since An Airline’s Frequent Flyer Program Is Worth More Than Its Planes, Should They Just Stop Flying?

depressed businessman leaning his head below a bad stock market chart
Feb 17 2023

There’s a meme circulating in financial twitter that airline frequent flyer programs are worth more than the market cap of the airline itself, which means the market is assigning negative value to the airline itself. The unstated implication here is that the airline should quit the flying and focus on the core credit card business.

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‘Semi-Private’ JSX Improves Inflight Service With New Free Food, Cocktails And Blankets

Feb 17 2023

JSX flies Embraer regional jets in a premium configuration from private terminals. You can buy tickets for scheduled service on their website, and earn miles from United or JetBlue.

They operate mostly in California, Texas, the Southwest and up the East Coast between Florida and Texas, they have a premium seating configuration, and everyone is friendly. Plus they have StarLink satellite internet. And now more free food and amenities.

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Alaska Airlines Dropped Virgin America Brand But Still Must Pay $160 Million For It, Court Rules

Feb 17 2023

Richard Branson pledged he would do launch a new Virgin airline in the U.S. if Alaska Airlines dropped the name, which suggests Branson certainly thought use of the trademark reverted to Virgin. He repeated the claim multiple times.

Virgin’s position at the Commercial Court of the High Court of Justice of England and Wales is that Branson was effectively lying – that Virgin had no right to use the trademark for an airline in the U.S. anymore – and that Alaska Airlines had purchased the exclusive right through 2039 whether they used it or not.

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