Tag Archives for financial.
American Airlines lost $312 million in the first quarter, which is historically the toughest quarter for an airline. Delta made money, and United only lost money because of the grounding of the Boeing 737 MAX 9. Still, American Airlines is initially trading up on these results because of projections for the quarter ahead.
A mother shared to TikTok the story of borrowing money so that she and her husband could go on vacation with their baby – flying business class. She says they’ve taken out two loans in a year in order to travel “and don’t regret it at all.”
They’re doing this because they feel like they’ll regret not traveling when they’re young, and because flying business class will motivate them.
Southwest Airlines sells most of its tickets directly. It doesn’t pay third parties to distribute its flights to consumers. It was the first major airline with a website (1996) and one of the first e-commerce sites to hit a billion dollars in revenue in a year.
Major U.S. airlines are a lot larger now and most transactions have migrated online. American shared with employees last week that they hit a new milestone for revenue generated at their AA.com website.
Richard Anderson, the former CEO of Delta Air Lines who now runs Amtrak, claims that in fiscal year 2019 passenger revenue covered 99% of operating costs and that Amtrak will be profitable in 2020 (for the first time ever).
Both of those statements are false.
There are about a dozen free iTunes to be had by watching a series of interactive financial tutorials from Penn State Federal. Some are longer than others and they’re quite rudimentary but if you want to click through learning about debit cards and how to buy a used car you can get some free music.
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 »
