Tag Archives for lucky air.
You might think “but planes aren’t wishing wells.” There are 1.4 billion people in China. Flying is new for many of them as the country rapidly develops. Last year a Chinese airport actually put up a sign warning passengers that throwing coins at planes is illegal – and bad luck.
On April 28 a passenger onboard a flight from Sanya to Mian Yang, China thought the cabin was too stuffy and decided to get some air. He mistook the emergency exit door for a window, opened it and popped the slide.
There’s little transparency in large Chinese conglomerates. They’re often layers of companies with unclear ownership and difficult to verify financials. Their leadership is often politically well-connected.
At the same time regulation of these entities is unclear as well. When the Chinese government decides to take an interest in the operation and systemic risks posed by these companies which rapidly expand through acquisitions both domestically and around the world, it’s not always clear whether it’s because of regulatory violations (or explicit as to which ones) or a signal of internal power struggles inside the government — whose faction is in and whose is out?
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 »
