How Valuable & Profitable Are Airline Frequent Flyer Programs?

Written by John Ollila @ LoyaltyLobby

US-based airlines American, Delta, and United, have all issued debt backed by their respective frequent flyer programs to the tune of $6B or more each. Hilton and Marriott have presold Honors and Bonvoy points in advance to credit card issuers (American Express and Chase). Financial Times ran an interesting story this week about the valuation […]

Read More

Willie Walsh Has Retired & Luis Gallego Taken Over IAG

Written by John Ollila @ LoyaltyLobby

IAG Willie WalshIAG, International Airlines Group, has a new person at the top after Willie Walsh retired once the today’s annual meeting was over. Willie Walsh, a qualified pilot, was previously CEO of Aer Lingus (now part of IAG) and British Airways before leading the entire group. The new group CEO comes from Iberia, like the current […]

Read More

IAG Folds LEVEL France (OpenSkies)

Written by John Ollila @ LoyaltyLobby

LEVELAfter shutting down LEVEL Europe (read more here), based in Austria, IAG has decided to shut OpenSkies France that has operated under LEVEL-brand. IAG (International Airlines Group) is the parent of British Airways, Iberia, Aer Lingus, Vueling, and whatever is left of LEVEL. Here’s an excerpt from Le Figaro (access their piece here): The airline […]

Read More

LEVEL Europe Collapses & Enters Insolvency

Written by John Ollila @ LoyaltyLobby

LEVEL Europe, an Austrian based airline part of the IAG, has today filed for insolvency and ended all operations in Vienna and Amsterdam. Passengers who hold tickets on LEVEL Europe (not the LEVEL long-haul) should contact their credit card issuers for a chargeback and refund. You can access the airline’s website here. Here’s the announcement […]

Read More

SAS and British Airways Firing Employees

Written by From the Newsroom @ Mighty Travels

Following the news and updates around the COVID-19 pandemic, many airlines were forced to suspend or reduce their daily operations. We have the latest information from airlines and hotels all around the world. First, we saw the news that Virgin Australia had to file for voluntary administration, being the first large airline to fall under […]

The post SAS and British Airways Firing Employees appeared first on Mighty Travels.

Read More

Airlines that Suspended or Reduced Operations Because of the Coronavirus

Written by From the Newsroom @ Mighty Travels

On January 30, the World Health Organization declared the coronavirus a public health emergency of international concern. With the Wuhan coronavirus outbreak countries all over the world are taking precautions in order to minimize the risk. Just a few weeks later the World Health Organization declared a pandemic. Following the news, many airlines were forced […]

The post Airlines that Suspended or Reduced Operations Because of the Coronavirus appeared first on Mighty Travels.

Read More

3 Links I Love: A Ukrainian Look at the Crash, Another Hall-of-Famer Retires, JetBlue Goes Green(er)

Written by CF @ Cranky Flier

This Week’s Featured Link

How Ukrainian plane crash went from ‘engine failure’ to ‘Iranian attack’Kyiv Post
I find myself wondering if we’ll every truly know what brought down the Ukrainian plane upon departure out of Tehran, but I thought it worth looking at coverage coming out of Ukraine …

Read More

IAG CEO Willie Walsh to Step Down in June

Written by From the Newsroom @ Mighty Travels

Willie Walsh is stepping down as chief executive of British Airways owner International Airlines Group in June 2020. He will be replaced by the current CEO of Iberia Mr. Luis Gallego after 15 years on the job. IAG CEO Willie Walsh to Step Down in June Willie Walsh will leave the position of CEO in […]

The post IAG CEO Willie Walsh to Step Down in June appeared first on Mighty Travels.

Read More

IAG CEO Willie Walsh To Step Down In June 2020

Written by John Ollila @ LoyaltyLobby

IAG Willie WalshWillie Walsh, chief executive and board member of International Airlines Group (IAG), will step down and retire in June 2020. He will be replaced by the current CEO of Iberia Mr. Luis Gallego. IAG consists of British Airways, Iberia, Aer Lingus, Vueling, and Level and is in the process of trying to acquire Air Europe. […]

Read More

EasyJet to become the world’s first airline to operate carbon neutral flights

Written by From the Newsroom @ Mighty Travels

EasyJet has become the world’s first major airline to offset all carbon emissions given off by its flights. This will be a first attempt from a major airline to become the world’s first carbon-neutral airline. The first airline to operate carbon neutral flights A carbon offset is a reduction in emissions of carbon dioxide to […]

The post EasyJet to become the world’s first airline to operate carbon neutral flights appeared first on Mighty Travels.

Read More