News notes from around the interweb:
- Chase’s card division added $3.8 billion in credit reserves. They appear to expect that many consumers will not be able to pay their bills, anticipating 20% unemployment.
- American Airlines isn’t going to defer 737 MAX deliveries. They’ve got all that CARES Act cash, let’s spend it. They’ll finance the planes and worry about payments in Chapter 11.
- Star Alliance program Avianca LifeMiles will not expire miles April – December of this year.
- SAS EuroBonus is expiring miles, and preventing members from redeeming miles on Star Alliance partners. This reduces their liability, and controls costs, at the expense of members. Hopefully no one who is able to avoid SAS will do business with them in the future.
- Free tier credits for logging into the Caesars Rewards app, one way that loyalty programs can continue to engage members when they’re not traveling and this one doesn’t really come at an up front cost to the program.
- Air France KLM Flying Blue extends status by 12 months
- United Airlines shopping portal 500 bonus miles for $100 spend by April 20 (HT: Doctor of Credit)
- Washington Dulles isn’t going to get rid of mobile lounges. In fact they’re planning to spend $115 million to buy new ones and go all-electric. These were state of the art… sixty years ago.