News and notes from around the interweb:
- I wrote that the new American AAdvantage-Shell Gas partnership isn’t very good because the miles you’d earn are worth less than the cash back you get when you sign up with Shell directly.
However I suggested it could be worthwhile for some if the partnership earns Loyalty Points (credit towards elite status) starting next year. And indeed reports are that it will.
- 2,900 Wyndham Rewards Points Free From Bakkt
- This is a really good discussion of airlines selling miles to banks, generating most of their profit from frequent flyer programs rather than flying planes. There are some issues where he talks about airlines perfecting their earning and redemption systems going revenue-based, misses that Barclays issues American AAdvantage credit cards (rather than being a bank that airlines could turn to as an alternative to Citi, Chase and Amex – and Barclays really isn’t in a position to do a solo deal that big) and a few other items.
- British Airways parent IAG abandons plans to acquire Air Europa
- Delta co-brand card spend was 22% higher in November 2021 than in November 2019. Wealth effects (stock market, real estate) and inflation? Delta CEO Ed Bastian takes that as a big endorsement of the brand, value prop, etc. but it merely tracks overall goods and services spending this weekend that Amex is seeing overall this quarter
- Qantas has re-opened its LAX business class lounge with the first class lounge re-opening in ‘early 2022’ but not later than the Airbus A380 returns to Los Angeles March 27, 2022. That’ll mean oneworld emerald will no longer be able to use the (nicer, IMHO) Star Alliance business class lounge.