Delta Opens The Curtain On SkyMiles As It Prepares To Mortgage The Program For $6.5 Billion

Sep 14 2020

Delta and United are raising money in private markets against their loyalty programs. American Airlines is using its AAdvantage program to securitize a subsidized government CARES Act loan. These moves underscore that the frequent flyer programs remain one of the most attractive assets held by airlines, even during the pandemic.

Raising money on the programs though means disclosing much more information than they’re using to offering.

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Southwest’s CEO Says Business Travel Won’t Return For A Decade. He’s Wrong.

Sep 14 2020

I’ve been overall a pessimist about business travel, but Southwest’s CEO takes it too far, arguing that he “wouldn’t be surprised to see business travel languish for a decade before it gets back to 2019 levels.”

Sure, he’s signaling that with their relatively strong balance sheet and largely domestic travel exposure they’re better-positioned than rivals to withstand a long travel recession. But we’re already starting to see cracks in the ‘indefinite work from home’ model.

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Take A Photo On A Flight In India, Your Airline May Lose The Right To Operate The Route For Two Weeks

Sep 13 2020

With India rounding towards 5 million lab-confirmed cases of Covid-19, hundreds of millions of cases based on antibody testing and where lockdown may have increased virus spread, and most foreign nationals banned from entering the country, the government has chosen an odd time to care about the scourge of… inflight photography.

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San Antonio Airport Gives In, Will Welcome Chick-Fil-A Despite Past Support For Anti-LGBTQ Causes

chick-fil-a sandwhich
Sep 13 2020

San Antonio airport was at the forefront of a nationwide trend to ban Chick-Fil-A over its political beliefs.

While it would be permissible for an airport to have a policy that all of its food outlets must be open 7 days a week – there is limited space in the airport and they need to use it to feed passengers, especially on busy Sunday – statements made advancing Chick-Fil-A bans have clearly indicated the decision is made on the basis of animus towards the chain’s past support of charities which are inconsistent with LGBTQ equality.

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