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News and notes from around the interweb:
- A LATAM Boeing 767-300 had a bullet hole in the wing.
- Chase CEO Jamie Dimon wishes they lost more money on the $450 annual fee Chase Sapphire Reserve Card. (HT: Alan H.) They reported costs of at least $200 million related to new cardmember acquisition. What he means is that they book the upfront cost right away, while they expect the average cardmember to keep and use the product for the next 7 years.
If he actually wished they incurred greater marketing cost they wouldn’t be withdrawing the 100,000 point signup bonus. Instead he’s just making the point that they expect the portfolio of customers acquired to be profitable over time.
The Chase Sapphire Preferred Card, which has a $0 annual fee the first year (then $95), now has the biggest and best signup bonus from the bank that you can get online. It’s 50,000 points after $4000 spend within 3 months and you can get an additional 5000 points for adding a no annual fee authorized user to the account and making a purchase within the same timeframe.
- Earn double miles on Qantas flights purchased by January 23 for travel February 1 through end of January 2018. Registration required and remember that the purchase by deadline is in Australian Eastern Daylight Time (HT: Points from the Pacific)
- 20% discount on AAdvantage award redemptions for intra-Japan travel
- French aerospace company Safran is buying aircraft seatmaker Zodiac for $9 billion
- British Airways employee who didn’t like the idea of an emotional support animal may have taken things a bit too far when denying a woman transportation. There’s now a lawsuit:
She began screaming at Kao in the crowded terminal, accusing her of lying about her panic-disorder disability, the suit says. Kao began having trouble breathing, but the irate supervisor refused to get the Estée Lauder executive help until she nearly fainted and a fellow flier, believed to be a doctor, stepped in.
…As she was being treated, Kao handed her tiny white furballs to her husband, prompting the supervisor to yell, “See, I knew you did not need the dogs,” Kao claims in court papers.
My ’emotional support animal’