Just like they’ve carved out the small business segment in a deal that lets Marriott issue cards with them as well as with Chase, they’ve got a similar play with Amazon cards. American Express is going to be issuing Amazon small business cards and images for these new products have been leaked which tells us the cards should be on the way soon, although we don’t yet have details of their rewards structure or acquisition offers.
Developing. Washington’s National airport (DCA) is currently without power.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
While both Etihad and Jet Airways would retain stakes in the program after a deal with Blackstone it’s not clear the relative shares each party would give up. For Etihad even a partial sale would them out of their worldwide expansion, which they’ve retrenched from after losing their shirts in Alitalia and air berlin. For Jet Airways it would provide them desperately-needed cash.
Reportedly the deal would value the program at $429 – $569 billion, which is 43% – 90% higher than in 2013. At the same time though membership in the program has grown 220% during that period so its value would be lower on a per-member basis.
At the beginning of the month Barclays increased the offer on its AAdvantage Aviator Red World Elite Mastercard to 60,000 bonus miles after first purchase in the first 90 days and paying the card’s $95 annual fee (the fee on this card is not waived the first year).
These are the cards flight attendants advertise onboard American. ComputerPlayerOne says flight attendants have been told this offer will last through August 31.
Last night American Airlines started showing some award space online for Cathay Pacific, Malaysia Airlines, Qatar, and SriLankan. That’s been pulled and is no longer available.
Southwest and Chase introduced a new more premium credit card product last week that’s a nice improvement over their existing cards. I like the line from Southwest’s chief marketing officer about the Southwest Rapid Rewards® Priority Credit Card, it has the 3 Ps… “more perks, more points, and more priority.”
When the card was introduced Southwest said that the record-setting launch offer for this card would only be available through August 22.
At a meeting between American Airlines employees and airline President Robert Isom last week, a sim instructor asked whether – with higher fuel prices – there’s an ‘industry initiative to increase fares’ to compensate. Isom explains that American is lagging behind on premium revenue.
However he thinks that premium economy will drive higher performance, and that basic economy and segmentation will “offer our customers what they want to buy, trying to encourage that move up the ladder” and that this will fix things.
No one offers a free airline ticket for answering three questions and sharing the (scam) offer with friends.
Anyone offering something for free but asking you for a credit card to claim your prize is suspect. However scammers are getting good at making themselves look like the brands you know and maybe even trust.
American appears to have at least partially added the ability to book awards online with four more partners: Cathay Pacific, Qatar, SriLankan, and Malaysia Airlines.