It’s fair to be highly skeptical of SkyMiles as a store of value. However you can dismiss those concerns and say it’s not like Delta makes any promises about the value of their miles to begin with. So you shouldn’t use that as the basis to judge any commitments they make.
Delta was never leaving Atlanta, Georgia and now they’ve basically said so. However for the past week many around the country flirted with the idea of luring Delta’s headquarters away as a result of the Georgia legislature refusing to give the airline the fuel tax subsidies they’ve lobbied for.
Some governors even offered back the truck up as it were. Connecticut’s governor said they “are committed to doing whatever necessary to help make this relocation a reality.”
They should be glad a move is off the table considering that Delta reneges on its deals with governors, too.
When Delta acquired Northwest Airlines in 2008, Northwest had an agreement to keep its headquarters in the Minneapolis area.
The headquarters commitment gave the airport commission there the power to demand repayment of $245 million in bonds it had issued on behalf of Northwest.
But within months Delta had reached a deal to get out of the headquarters commitment by agreeing to keep 10,000 jobs in Minnesota and maintain a certain level of flights at the Minneapolis airport.
And two years later, Delta paid off the remaining $170 million worth of airport-backed bonds – relieving it of the jobs commitment. The airline in 2011 closed its training centers in Minnesota and moved maintenance work and flight training to Atlanta.
Delta started the whole thing tweeting that they were severing ties with the NRA, then tried to claim they were doing that in order not to take sides in gun debates.
Now we know the whole thing was a meaningless gesture from the get go, they admit only 13 people had taken advantage of the discount they were pulling so they gave up zero revenue to take a political stand that then they pretended not to have taken.
The lesson, if you haven’t gotten it already, is that you should always trust everything Delta tells you.
(HT: Ryan C.)