Government-owned Air India is a basket case. Part of the airline’s efforts to turn itself focus on cutting back on crew expenses and perks. Some of those efforts are reasonable, while others may be surprising.
American Airlines stock hit two year low. It’s down about a third this year. The market doesn’t seem to think their strategy is going to deliver results. Investors appear to be mirroring customer sentiment, judging from the comments and interactions I have with readers. It also appears to be mirroring employee sentiment, judging from what I hear from American’s front line.
The total value the market places on American Airlines right now is less than $16 billion. In contrast United’s market cap is $22 billion. Their stock has gone in the opposite direction from American’s this year. Southwest’s market cap is $34 billion and Delta’s is $35 billion.
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.
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.
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.
Qatar Airways CEO Akbar al-Baker is not happy with oneworld members American Airlines and Qantas, and suggests it may not make sense for Qatar to continue in the airline alliance as a result.
He has already spoken with the head of oneworld about this and “will wait for him to come back before deciding what to do.”
On Friday I wrote that Hyatt would be acquiring Two Roads Hospitality.
The deal has now been publicly confirmed. The deal announcement cites 85 properties, 10% fewer than are listed on the Two Roads website. Acquiring the group will grow Hyatt’s footprint by about 13%.
When an airline pays out compensation for a delay, and you’re traveling for work, are you really entitled to keep the money? Shouldn’t you turn it over to your employer?
Let’s assume your employer bought the ticket and both travel and the delay were during business hours. You’re getting paid, and your employer is the one suffering the loss (of your productivity).
A week and a half ago the Dallas Fort-Worth Centurion lounge re-opened in its new larger location.
At the time I wrote that “I still expect that the lounge will get crowded at peak times.”
Currently American Airlines is installing smaller lavatories across its domestic fleet, taking a few inches away from customers who have to go in order to squeeze in an extra row of seats.
The problem is that today American Airlines isn’t generating any revenue from its lavatories so it’s no surprise they’re trying to limit lavatory footprint.
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 »
