The Single Biggest Problem For Any Credit Card Issuer, And How To Solve It

credit cards
Mar 27 2023

Banks are spending billions of dollars to gain access to customers, and to convince those customers to run their spend through the bank’s products. However this strategy is difficult.

It can be a more fruitful strategy to fish for customers in new ponds. And we’ve seen a lot of that. Chase used to see small portfolios and feel they wouldn’t move the needle enough. Now they’re doing DoorDash, Instacart, and Air Canada Aeroplan’s U.S. co-brand.

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The End Of The Rule Of Law, In Financial Markets And The Airline Industry

Mar 26 2023

The Department of Transportation entered into an agreement to approve the “Northeast Alliance” between American Airlines and JetBlue, indeed wrung concessions out of the two airlines before doing so (giving up takeoff and landing slots in New York, and a commitment to expand supply of seats in the market with larger aircraft under penalty of losing even more slots to other airlines).

Then, after the alliance moved forward, the Department of Justice Continue Reading »

American Airlines Is Considering Flying To Africa

american plane
Mar 26 2023

Given what we know about American’s tendency to operate shorter flights, and to try to fly where others aren’t operating, I’d expect that American’s entry into Africa would be a close-in destination along the lines of Casablanca – which also offers connectivity beyond Morocco and which clocks in at under 4,000 miles. That will allow them to fly the Airbus A321XLR rather than a more expensive widebody.

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American Airlines Passengers Meet, Get Drunk Inflight, And Explore Love At Their Seats

Mar 26 2023

Two American Airlines passengers met for the first time when they found themselves seated beside each other. There must have been an instant attraction. They both decided to order wine during drink service. And, inhibitions relaxed, they decided to put their feelings on display for the rest of the cabin, “all over each other” in the words of the passenger seated beside them. The man started massaging the woman’s feet.

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Biden Nominee To Run FAA Forced To Withdraw From Consideration

Mar 26 2023

President Biden’s nominee to head the FAA, Denver airport chief Phil Washington, has withdrawn from the nomination process. I was, frankly, surprised to see him re-nominated in January after a Democrat-controlled Senate saw him as too vulnerable to move forward with a hearing in 2022. And though he led the Biden Presidential campaign’s Department of Transportation transition, he hardly seemed the best fit for the role.

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Marriott Key Bridge Site Has Been Condemned In Interest Of Public Safety

Mar 25 2023

The Marriott Key Bridge was the second Marriott hotel ever, and was the oldest Marriott hotel when it closed in July 2021.

Originally opened in 1959 as the Key Bridge Motor Inn, it was located in Rosslyn just across the river from Washington D.C. It featured a fantastic view, as a result, and in its history hosted both Lyndon Johnson and Richard Nixon. In recent times it played host to the homeless.

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