Why Airline Wages Rise, And Why Stock Buybacks Don’t Matter

Aug 19 2022

U.S. airlines agreed not to buy back stock until September 30, 2022 as part of their government bailouts during the pandemic. It would have been unseemly to pick taxpayer pockets and immediately turn around and distribute those same funds to shareholders.

Now that the buyback restriction is about to end, unions don’t want airlines to spend money that way, arguing that the funds should go into the operation instead (paying workers more, natch).

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Wonder Why American Express Centurion Studios Are Crowded? They’re Selling Access On Groupon

Aug 19 2022

American Express has its Centurion lounges, and its smaller ‘Studio Partner’ longes which are Escape Lounges. Previously you could use an American Express Platinum card to access Escape lounges, but they’re now branded by American Express and more cardholders know about the benefit.

Like Centurion lounges, these Centurion Studio lounges have become more crowded.

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American AAdvantage Will Now Report To Revenue Management

Aug 18 2022

Having AAdvantage in the same group as revenue management would make sense if the goal were for AAdvantage to gain access to more saver award inventory. That hasn’t been the trajectory at American, which has focused on buying seats outside of traditional saver buckets and more making additional inventory (‘web saver’) available to customers based on prevailing fares.

Instead the explanation for the move is, “Adding the AAdvantage team to this organization will make sure our AAdvantage members are able to unlock benefits across the entirety of our commercial programming.” Allowing AAdvantage members to ‘unlike benefits across the entirely of the airline’s commercial offerings’ sounds more like merchandising, monetizing the member base. Great offers can still be value-add, of course. We’ll have to wait to see how this evolves in practice.

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Register Now To Earn Double Hilton Points

Aug 18 2022

You should register now – while the offer is in front of you, so you don’t forget and in case you happen to have any Hilton stays – because you can earn double points between September 6 – December 31, 2022 and you’ll also earn 2000 additional bonus points on all stays that end Monday through Friday.

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Why Do The Values Some Blogs Give For Miles Make Absolutely No Sense?

Aug 18 2022

Richard Kerr, formerly of The Points Guy and the Award Travel 101 Facebook group who is now with Bilt Rewards, offered a couple of provocative questions in his Instagram feed.

He asks why some people value clearly less valuable currencies more than a Bilt point. He may be asking about individual program members, but I’m going to ask it of those people who are supposed to know – travel bloggers who publish valuations of different mileage currencies. Much of the work those bloggers are doing fails to hold together.

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