We’re no longer facing 8% – 10% inflation, but probably still 4% – 5%. And it’s may be harder for the Fed to go the last mile.
However it may be that the banking crisis does the work for them – banks are likely to tighten up lending, which is contractionary. The odds of recession have grown, there’s no longer much talk of a soft landing (let alone no landing). Consumers have already pulled back in the week since Silicon Valley Bank failed.
Spirit Airlines is an “ultra low cost carrier” with fees line extra charges for checking in (at the airport) and for bags (that you carry on yourself) often costing more than the fare itself. They’re the butt of late night comedy routines, but they also make air travel far more affordable – not just for those who fly them, but on routes and at times when legacy airlines have to compete with them.
So it’s weird that they offer a product that’s like domestic first class that you’ll find on American, Delta, United and Alaska Airlines. Except it’s not exactly like it. Spirit calls theirs “the Big Front Seat.”
Cabin crew at American, Southwest, United, Alaska, Spirit and JetBlue are all unionized. flight attendants at Delta Air Lines are not. This not only helps AFA-CWA avoid the costs of its support for the original lawsuit seeking to have airlines covered by state rest rules, it helps them in their battle to unionize Delta.
The former CEO of Thai low cost airline Nok Air is starting a new venture, Really Cool Airlines, which promises to “Fly The Future.”
A woman took to social media to rant about British Airways stonewalling her over compensation after another passenger had the audacity to die on her flight, causing her much distress. And since CPR was being performed in the aisle of the aircraft, cabin crew were unable to provide a second meal service – preferring to try to save a life instead. She wants to know what she can do to get British Airways to cover the pain and suffering that she had to endure?
India has a population equal in size to China. However it isn’t nearly as significant economically or geopolitically. It hasn’t experienced China’s growth. India’s economy is about one fifth the size. And even on a purchasing power parity basis the average Indian is about 60% poorer than the average resident of China.
They don’t think they need foreign flights to improve commerce and bring down costs. They’d rather protect their homegrown oligarchs.
American Airlines shares a new program they’re introducing called Enhance with Miles.
Once a member earns 40,000 Loyalty Points (status qualifying points) in a year, they’ll be eligible for new experiential redemptions which grow in value at higher levels of points earned. That includes gifting status for a day and gifting yourself higher status for the day – including Executive Platinum.
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.
Washington National airport will be closing its main runway for reconstruction work overnight in the coming weeks.
Aviation watchdog JonNYC flags “nothing bigger than an A319 will be able to land after 10pm” at Washington’s National airport during runway work.
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.
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 »
