Passenger Pops Open Champagne Mid-Flight—That Didn’t Go Over Quietly [Roundup]

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About Gary Leff

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 »

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Comments

  1. Regarding being forced to check bags on American, in my experience they usually only require you to check your bag if you are in group 8 or group 9. I think everyone who joins the AADVANTAGE Program is no worse than group 6? If overhead bin space is important, shouldn’t everyone be an AA FF member?

  2. @Gary Leff
    The Trump DOJ is likely correct about the Capital One-Discovery merger. You are likely wrong. With the exception of the Venture/Venture X cardholders, both Capitol One and Discovery disproportionately serve subprime borrowers, while Chase and Amex mostly target prime to superprime borrowers. These are overlapping but increasingly distinct business models. The subprime model makes most of its profit from interest, while the superprime model makes most of its profit from higher interchange rates (which merchants reluctantly pay to accomodate likely high spend customers) and group purchasing discounts margin (collecting annual fees and passing on some of the group purchasing discount through credits and “coupon books”). Even a combined Capital One-Discover would not have the scale, user base, or negotiating leverage (with merchants) to switch to the superprime model. The merger would just reduce competition in the subprime part of the market and result in higher interest rates for subprime borrowers.

  3. Wow, this was an action-packed Roundup. Lotta good stuff here.

    On SWA crews–Yes! They are great! Thank you, Gary, for making that distinction, between crews and management. Even if the leadership is off (or awful) that doesn’t diminish the workers, who are awesome.

    On anti-trust enforcement (Capital One & Discover) — Hmm. Would have expected this. Maybe someone forgot to pay their ‘gratuities’ at Mar-A-Lago this time. Never forget!

    On Bedford to lead FAA–If he handle the ATC shortage and upgrade the critical systems, then he will have earned his keep. Lot of work to be done at the agency. Wishing him and his team the best. Since Republic operates under American Eagle, Delta Connection and United Express, he probably has a unique perspective, having managed relationships with the big-three. Safety first.

  4. I have two Discover cards and zero Capital One ones. The oldest Discover card is the first credit card I got. I had a Capital One card several decades ago but I closed it many years ago. I am glad that the acquisition of Discover by Capital One has been blocked. I am not sure why the offer was $35.3 billion if Discover is so moribund. The combination would create the largest credit card company by loans, larger then JP Morgan Chase (from bankingexchange). After JP Morgan Chase force closed my accounts last year without explanation or justification, I am less favorable to banking consolidation. If consolidation continues, the time could come when I am forced to bank with a banking company I dislike (higher fees, more restrictions, not local, etc.) because the few large banking companies left that I like are unwilling to do business with me.

  5. The champagne sprayer should be put on the no fly list. That would wipe out the smile. Doing something that is prohibited. Actions that could be seen as assault and/or battery. Sticky residue on other passengers and on an airplane that won’t be cleaned properly between flights. An uncontained cork flying around.

  6. @Erect — So, how big is ‘it’? Like, a little, $1 billion, standard, $3-4 billion, ideal, $5-6 billion, or like, ‘brutal’, +$9 billion. I’m ‘just’ talking about finance here, with my ‘big’ ole pal, Erect.

  7. I once gave a couple million old Turkish lira to a group of annoying touts at Bombay airport who were trying to hold me or my luggage hostage for “helping” me to a prepaid taxi despite my telling them I didn’t want their help and to leave me alone.

    They probably felt rich for a while, but they were going to still be cash poor and struggle with getting a low transactional cost liquidity event for what they got from me.

  8. @George — Bah! I was just asking about ‘dongs’ and ‘billions’ above. Any idea on @Erect’s figure(s)?

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