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President Obama’s Chief Economic Advisor: Airline Bailouts Were “Dumb,” Had No “Conceivable Logic”

May 17 2020

Larry Summers was President Obama’s chief economic advisor, Bill Clinton’s treasury secretary, and President of Harvard University. He’s one of the smartest people on the planet his arguments, both when you agree or disagree, are force to be reckoned with.

Summers explains that by trying to keep all of the airlines alive, you assure that they all have excess capacity and that they’re all unprofitable. That has long-term consequences for the whole economy, “the failure to allow the appropriate economic adjustment is kind of the mistake that Japan made in the 1990s. We need as we realize how long this is going to play to be aware of those risks.”

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Vietnam Struggles To Save The Life Of An Airline Pilot – And Avoid Its First Coronavirus Death

May 15 2020

Vietnam, like Taiwan, is so far one of the great COVID-19 success stories. Despite sharing a border with China they have fewer than 300 confirmed cases and not a single reported coronavirus-related death. And they’re going to some extreme lengths to keep it that way.

A Vietnam Airlines pilot from the U.K. is the most critically ill patient with the virus in the country right now.

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2021 New Virgin Business Class Award Space For 4+ People Wide Open From East & West Coasts

virgin upper class seat
May 11 2020

Wide open business class awards for four or more passengers between the U.S. and Europe in Virgin Atlantic’s new product for multiple cities.

Since this is available for 2021, it’s reasonable to book, and there are great mileage values out there – and you can book the seats using points from any of the major transferable bank currencies.

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