I generally believe there’s a lot more fraud in the economy than comes to light. It hides in plain site until it isn’t hiding anymore.
Most of it is pretty bald faced, but people are lazy and don’t question what they’re told and don’t want to look stupid asking questions of others who are presumed to know what they’re talking about. Less than 2/3rds of CFOs, CEOs, and COOs can correctly finish a test of financial literacy.
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.
Delta 431 landed in San Juan a few hours ahead of Hurricane Irma on Wednesday. Wind gusts had been up over 40 knots. But they had a window.
The plane then prepped for a quick turn taking off as Delta 302. And the flight and its captain became an internet sensation. It was the last commercial departure out of San Juan.
Through September 25 Air France KLM Flying Blue is offering a 100% bonus on purchased miles when you buy between 4000 and 75,000.
With this offer you can buy miles for 1.375 Euro cents apiece or about $0.0166.
The old Sheraton slogan, “belong,” makes a lot of sense here. Phoenix residents do belong here, they paid for it.
In the aftermath of the David Dao dragging incident in April, several airlines revamped their policies around paying denied boarding compensation. Delta authorized gate agents to go up to $2000 in compensation, and allowed supervisors to offer up to $9950.
I’ve never heard of anyone receiving anything close to $10,000. Involuntary denied boardings are exceedingly rare already, especially on Delta. When they do guess wrong on overbooking customers usually volunteer their seats for a few hundred dollars.
American Airlines doesn’t ticket reservations instantly. Paid travel usually tickets within a few minutes, although complicated itineraries can take longer. When I’m paying with a gift card for instance or I confirm an upgrade prior to issuing a ticket it may take several hours.
Award tickets take longer. They’re usually queued based on date of travel and a partner award ticket (that is queued for review) a year out can take a couple of days before tickets are issued.
This plan for partial pilot ownership, without other employee groups involved, will fail. That’s not a bold claim since in all likelihood any new plan for Alitalia will almost certainly fail other than breaking up the carrier and buying only a handful of good assets.
But we also know a little something about employee ownership by a subset of work groups in the airline industry.
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.
Etihad fired their CEO who pioneered their premium strategy (indeed James Hogan brought the concept of an onboard chef over from his time at british midland). They’ve lost billions mostly because of failed investments in other airlines like Alitalia and air berlin.
In response they’ve cut their business and first class car service outside the U.S. and they’re monetizing access to their lounges. They’ve even closed their spa at London Heathrow and they’ve announced plans to devalue their frequent flyer program.
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 »
