A key point for turning around an airline, or any business, is delivering a product customers will pay for. And when you’re not the low cost provider in the industry, you need to earn a revenue premium, and the details of the product therefore matter most.
5 Hotel Facts About National Guard Troops Sent To D.C. For The Protests
With state troops in D.C. staying at the Marriott Marquis, Arne Sorenson will have a tough time making claims to wokeness. Here are 5 facts about hotel stays for the National Guard troops in D.C.
Incredible Video Of Several Homes Being Dragged Out To Sea
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.
Why Uber Is Devaluing Its Rewards Program Now
Uber is devaluing its rewards program, dropping the option to redeem 500 points for $5 cash. This was the simplest and straightforward redemption option.
Though Uber offers a milquetoast statement to explain the move, the truth is this represents a huge change in strategy for the company – walking away from plans to build their own digital currency.
On Top Of COVID-19 Airlines Lost Almost $5 Billion On Fuel Hedges This Year
Ten airlines combined to lose $4.65 billion on fuel hedging this year. Half of the losses belong to Lufthansa and to British Airways parent IAG. Germany bailed out a financial derivatives trading firm, as much as an airline.
Watch Your Wallets: Transportation Secretary Says Let’s Talk About Another Airline Bailout In The Fall
Transportation Secretary Elaine Chao isn’t ruling out another bailout and says it’s something to discuss and consider in the fall, if airlines need one.
However there was absolutely no reason to bail out the airlines and for the overall economy – and for workers who will lose their jobs anyway – the bailouts were actually destructive. Still, the President doesn’t want mass layoffs one month before the election.
American Airlines Huge Leadership Reshuffling With Several Vice Presidents And Higher Leaving
American Airlines announced a huge leadership reorganization today, resulting from its effort to shed at least 30% of management staff. A number of Vice Presidents and Senior Vice Presidents are leaving – with voluntary exit packages more generous than what’s previously been disclosed publicly as part of this program – and that has meant reshuffling leadership roles.
Passenger Videotapes Himself Being Denied Boarding For Refusing To Wear A Mask
A Ryanair passenger tried to fly from Dublin to London Gatwick without a face mask. He had flown before the face mask requirement went into effect, and claims not to have known he needed one – and if it was required, Ryanair should’ve provided it, the airline shouldn’t be able to keep his money and not transport him.
The passenger claims that Ryanair threatened him with a lifetime ban if he shared this video. And he further argues that if underwear were made a requirement of flying after he purchased the ticket then it’s an ex post facto change and shouldn’t be enforced.
American Express Pulls Back On Card Approvals And New Online AAdvantage Award Redemption
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.
Why The China Travel Ban Failed And The Virus Spread
Research shows us that the ban on travel from China by non-U.S. residents didn’t work. I had thought it came too late because the virus was already here, but looking at details of the virus itself it appears that wasn’t true. The virus cases that actually spread came after the ban. So the ban didn’t work.
A new investigation shows why the travel ban failed, and it isn’t the partisan reasons many people think.