Tag Archives for american airlines aadvantage.
American Airlines is considering selling debt to the public backed by its frequent flyer program as soon as March. You’ll be able to own a piece of the income flow from AAdvantage. They’d do this in order to refinance their government CARES Act loan against which they’d pledged the loyalty program.
Platinum Pro members can have choose a confirmed international upgrade, miles and other choices – and get new higher-tier oneworld alliance benefits. Executive Platinums can choose several options like miles and a club membership instead of confirmed upgrades if they’d like – and get the Platinum Pro choice, too.
American Airlines Senior Vice President Vasu Raja explained that: “it used to be that 25% of the people that sat on our airplanes were AAdvantage elites… Today that number is about 15%.”
So how many people would make top status under ‘normal’ requirements this year? Raja says “there’s about 1000 customers out there who would qualify for Executive Platinum under our old rules. 40% to 50% of those were not our customer last year, they were [elites with another carrier].”
American Airlines has added partners that make their frequent flyer program more relevant to people in some of the largest cities in the country this year. American Airlines AAdvantage® miles with your savings account is an even better deal with low interest rates. And there’s the opportunity to earn an extra 25,000 referring friends for new accounts – that gets them a better offer than is publicly available, too – but that ends next month.
American Airlines is shrinking with a goal of at least 30% fewer management and support staff. That runs throughout the airline, including Vice Presidents and Senior Vice Presidents.
Over the past two days rumors have been swirling about which members of top leadership will depart, as the airline offers buy out packages. (At this level buy outs are richer than what’s been publicly reported for management staff.)
Very soon we’ll know which members of top management are leaving. I’ve heard whispers of top names all day.
A Bask Savings Account is unique because it lets you earn large amounts of American Airlines AAdvantage® miles, and keep earning miles, without spending any money. You can move money in and out of your no fee account as you’d like.
And a Bask Savings Account makes a lot more sense than ever in the current environment, and especially because opening the no fee account before the end of April gives you access to bonus offers that will expiring.
One of the best tools in travel years ago was Travelocity Dream Maps. You’d plug in the city you were starting from, and how much you were willing to spend, and it would give you a map of all the places you could go for that amount or less. The tool was decommissioned about a decade ago, but American Airlines has an award map that is similar for miles.
Deposit $1000 and earn 5000 miles in a month. You still have the $1000 in your account (and it keeps earning miles). This offer ends unless you open your account by Saturday, February 29. Starting March 1 they’ll require a $5000 deposit to earn 5000 miles after account opening.
You’re better off jumping on this before the end of the week, when the offer becomes less generous (but still quite good).
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 »
