American its transatlantic joint venture partners announced that they are rolling out Basic Economy fares across the Pond, following the lead of Delta and its partners. File this under completely expected, but another degradation in the travel ...
What American Airlines is Telling Employees About Their Dispute With Chicago O’HareAmerican Airlines is pissed that Chicago O’Hare expansion plans preserve United’s 14 gate advantage rather than the 9 gate advantage they say they expected after shelling out for 5 new gates themselves. At issue is O’Hare’s $8.5 billion expansion plan, and what they dub a ‘secret provision’ added in ‘at the last minute’ that gives United more gates than they thought the plan entailed. American Airlines at Chicago O’Hare Both United and American have resisted adding gates at Chicago O’Hare for years, since they have most of the gates themselves and don’t want competition. They are happy to see gates added as long as they are the ones who get the gates, and if they’re both getting gates they want to ensure neither gets... Continue Reading »
Chase Reveals Data Behind Sapphire Reserve CardChase revealed several interesting facts about its credit card business in an investor deck this week. While the average FICO score is 785 that means many cardholders have lower scores, just as they have higher scores. Annual spend of $39,000 sounds high but equates to $3250/month, not low but not as intimidating. I'm intrigued that 90% of users are keeping the card after the first year. Continue reading Chase Reveals Data Behind Sapphire Reserve Card...
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