Spirit Airlines sent me their release indicating that tomorrow will not be the day that shareholders vote on whether to sell to Frontier Airlines.
Instead the shareholder meeting will be adjourned and reconvened on July 8. Spirit wouldn’t do this if all their ducks were lined up to gain approval for the Frontier deal that their board has endorsed.
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.
Bernie Sanders, like all of us, has some valid gripes about air travel today. He’s come out with a set of solutions he’d like the Department of Transportation to impose through new regulation. This includes forcing airlines to skip crucial maintenance, and requiring flight attendants to work when they’re sick with Covid-19.
JetBlue’s proposed deal to acquire Spirit Airlines is better for Spirit shareholders than Frontier’s is. Spirit management supports the Frontier deal, and it will probably be approved. JetBlue is offering 40% more for Spirit Airlines than Frontier is. With Spirit’s shares falling to slightly below Frontier’s offer, the market thinks the successful suitor will be Frontier, not JetBlue.
However a Frontier deal for Spirit is actually better for consumers, even though JetBlue’s product is better than the one offered by either airline.
Hyatt’s Hôtel du Louvre in Paris all of a sudden stopped offering free night awards on points. Searching for stays, it appears the King Standard Room was gone entirely, and all rooms at the hotel that were for sale came with views. And those rooms aren’t standard rooms eligible for redemption. I reached out to Hyatt to see what was going on, and whether the hotel was compliant with Hyatt’s rules since I wasn’t able to find a single free night award in the coming year. Up until the end of May awards were easy to come by. Hyatt shares that the issue is the hotel’s renovation, specifically affecting the base level rooms at the hotel. [S]tandard rooms are more limited right now as many have been removed from inventory during some external renovations to…
Virgin Atlantic is launching two positive changes for its Flying Club frequent flyer program. They’re guaranteeing to release a minimum number of award seats when loading a flight into the schedule, and they’re allowing Gold elite members to book any seat they want that’s for sale as an award ticket by spending double miles.
Somewhat counterintuitively the introduction of double miles awards without capacity controls are actually the bigger deal here for the program, I think.
Delta is running a flash sale on business class SkyMiles awards to Europe. Prices start at 148,000 miles roundtrip, which is roughly what other programs normally charge. But it can be half what Delta frequently charges, and availability is pretty good. But you have to act fast.
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.
New aircraft are coming, but they’re farther off than they’ve been promised. And electric air taxis just got even farther off still, thanks to the U.S. federal government. In fact these planes are looking at delays of years. Some manufacturers may not have the financing to get through certification in the current market environment.
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 »
