The Economic Times
2 hours
BENGALURU: Industrialist Vijay Mallya will appeal against a Debt Recovery Tribunal order to recover Rs 6,203 crore along with interest from his properties for defaulting on bank loans to his now-defunct Kingfisher Airlines, a company official said on Friday. "We will file an appeal against the DRT's order on Thursday after we get its copy," a Mallya-owned United Breweries (UB) Group's spokesman said. Allowing a joint petition filed in June 2013 by a consortium of 17 banks led by the State Bank of India (SBI), the Tribunal's Bengaluru bench said the combined unpaid loans of Rs 9,091 crore, including compound interest, be recovered from the properties of Mallya and Kingfisher worth Rs 6,203 crore ($909 million). Tribunal's Presiding Officer K. Srinivasan also directed Mallya's defaulter holding firms -- UBHL, Kingfisher Finvest and the airline -- to pay an interest of 11.
The Points Guy
7 hours
Daily Mail - Travel
10 hours
A former United Airlines stewardess from the US has shared her tips. She says it is crucial to prepare an escape plan before take-off. Advice includes where to store luggage and which exit to use.
The Points Guy
21 hours
Outgoing Secretary of Transportation Anthony Foxx is suggesting one last rule before leaving his post: disclosing all luggage fees as part of the total airfare. The proposed regulation was announced by the Department of Transportation (DOT) this Tuesday. Under the proposed regulation, airlines and travel agents would be required to disclose the price of all luggage fees associated with the ticket, including the cost of carrying on luggage and checking luggage. In addition, both parties would be responsible for informing individual passengers of any discounts they may be entitled to, including receiving free carry-on or checked luggage as a result of their frequent flyer status or holding a credit card. The proposed rule comes during the same week that two airlines revealed additional details about their basic economy fares. American Airlines announced it would begin rolling out a basic economy option this year , and we found out that United will likely launch its version of basic economy at Minneapolis-St.
The Points Guy
a day
The Points Guy
a day
Airline elite status can be a great way to make your travel experience less stressful and more rewarding thanks to the variety of benefits offered. However, if you’re new to the points and miles hobby, you may be wondering just how valuable these perks can be. Today I’ll continue my revision to last year’s series that analyzes this very thing. I started with the three major legacy carriers ( American AAdvantage , Delta SkyMiles and United MileagePlus ) and then tackled the Alaska Airlines Mileage Plan and JetBlue TrueBlue programs. Today’s entry is the last most notable carrier in the US: Southwest Airlines and its Rapid Rewards program. How much is Southwest elite status worth in 2017? Photo by Tim Boyle/Getty Images. Before diving into the analysis, just a reminder that my calculations below represent a singular way to identify what elite status is worth to a potential traveler.
CNN Money
2 days
CNN Money
2 days
Adweek
2 days
In a February 2016 Adweek interview , Credle expressed the principle behind that effort as such: This job of marketing and advertising is never finished, and we must always be evolving, whether its our thinking on a brand or the way we figure out what we do as an agency. FCB is a storied agency in the midst of an incredible transformation driven by new talent, new creative firepower and an impressive network offering, Murrays statement read. Cooke spent nearly seven years with the mcgarrybowen organization, most recently leading its new business efforts as global chief marketing officer and playing key roles in the additions of Intel, United Airlines, PG, Fiat Chrysler and Clorox to its client roster. [Brandon] has built brands on both the agency and client sides of the business, Murray said of his latest executive hire, and understands what is needed to help marketers create, define and share their story.
The Points Guy
2 days
United Airlines added only 26 routes to its network, of which only eight are international. But while domestic growth was limited, the US was the fastest-growing nation for airline routes in the world. In 2016, airlines added 916 routes to American airports, more than double the number of flights added to any other nation. Spain came in second, with 395 flights added, while Germany and the UK nearly tied for third in growth, with both nations adding over 350 connecting routes to their airports. China, France and Italy each also added more than 200 flights. In 2016 we saw airlines compete over the distinction of having the world's longest route, as well as expansion into once-forbidden areas. In March, Emirates launched service between Auckland, New Zealand and Dubai , covering more than 8,000 miles to claim the title of World's Longest Flight.
The Points Guy
2 days
You can fly from Boston (BOS), Los Angeles (LAX), New York (JFK), Newark (EWR) and San Francisco (SFO) to Copenhagen (CPH), Helsinki (HEL), Oslo (OSL) and Stockholm (ARN) with availability from January through May with limited availability on some routes in October and November of this year. Since there are so many options available on a wide variety of carriers, we'd recommend using Google Flights to find your desired itinerary. Keep in mind that on carriers like Icelandair, you can take advantage of a free stopover in Iceland before continuing on to your final destination. Airline: Finnair, Icelandair, Air France, Swiss, United, Air Canada Route: BOS, EWR, LAX, JFK and SFO to ARN, CPH, HEL and OSL Cost: $327+ round-trip in economy Dates: January May 2017 and October November 2017 Booking Link: Orbitz or Expedia Pay With: The Platinum Card from American Express ( 5x on airfare ), Chase Sapphire Reserve , Premier Rewards Gold Card from American Express , Citi Prestige (3x on airfare) or Chase Sapphire Preferred (2x on travel) Here are a few examples of what you can book: New York (JFK) to Stockholm (ARN) for $327 round-trip in March on Finnair: Boston (BOS) to Stockholm (ARN) for $336 round-trip in February on Icelandair: Boston (BOS) to Copenhagen (CPH) for $344 round-trip in March on Star Alliance: Newark (EWR) to Oslo (OSL) for $352 round-trip in May on Icelandair: New York (JFK) to Helsinki (HEL) for $353 round-trip in March on Finnair: Los Angeles (LAX) to Copenhagen (CPH) for $393 round-trip in March on Star Alliance: San Francisco (SFO) to Copenhagen (CPH) for $412 round-trip in March on Air France: Maximize Your Purchase Dont forget to use a credit card that earns additional points on airfare purchases, such as the American Express Platinum Card ( 5x on flights booked directly with airlines or American Express Travel ), Chase Sapphire Reserve , American Express Premier Rewards Gold or Citi Prestige (3x on airfare) or the Chase Sapphire Preferred Card (2x on all travel purchases).
The Points Guy
2 days
No-frills basic economy fares are the latest trend of the airline industry. Delta Air Lines was the first US legacy carrier to launch a basic economy fare, and since, United has developed a new bare-bones economy class of its own. As the only legacy carrier yet to announce its own version of basic economy, we knew that American would join the ranks of legacy carriers offering a bare-bones ticket — it was only a matter of time. This morning, American offered up the details of its own flavor of basic economy. Here's a rundown of the new offering: Basic economy travelers will board the plane last — elite members and co-branded cardholders will board with the same groups they would when traveling on a regular economy fare. You won't be allowed to reserve a seat in advance . However, you can pay for a seat assignment starting 48 hours from the scheduled departure time.
The Points Guy
2 days
ABC News - Money
3 days
ABC News - United States
3 days
An American Airlines plane has clipped another plane with its wingtip while backing up at New York's LaGuardia Airport
Washington Free Beacon
3 days
KyivPost
3 days
The Points Guy
4 days
For example, American Airlines charges 45,000 miles round-trip for off-peak MileSAAver awards to Europe, while United awards start at 60,000 miles round-trip. Josh booked his flights for around half that amount, leaving him plenty of points to spend on future travel. Learning when to transfer points versus when to book directly will help you be equally efficient with your own points. The Citi Prestige's 4th Night Free benefit remains one of the most valuable travel rewards perks out there. It will lose some of its luster in July, as Citi will begin calculating the rebate based on the average nightly rate (instead of the rate for the actual fourth night), and will no longer include taxes in that calculation. Despite those changes, it's an easy way to get a substantial discount on hotel stays. Citi Prestige offers an easy way to save on hotel rooms.
The Points Guy
4 days
If you've ever held elite status with a travel provider, you've experienced the variety of perks that can make traveling less stressful and more rewarding. But exactly how much value can you expect to get out of airline elite status? Today I’ll continue the 2017 iteration of last year’s series that tries to peg a value on each elite status tier for the major carriers in the US. This time around, I started with the three big legacy carriers ( American AAdvantage , Delta SkyMiles and United MileagePlus ) before moving onto the first niche player ( Alaska Airlines Mileage Plan ). Now I'll analyze another important player that has really upped its game in recent years: JetBlue's TrueBlue program. What is JetBlue elite status worth in 2017? As with my previous entries, it's important to note that this approach is just one way to consider the value of elite status, so you should adjust any of my assumptions or calculations based on your own travel patterns and considering what each perk is worth to you.
The Points Guy
5 days
TPG reader Vtek sent me a message on Facebook to ask about lounge access: “Can you clarify when Amex Platinum allows access to Delta lounges? I recently ran into a closed United Club (while flying United), and later wondered if I could have gone to the Sky Club instead. Several of my favorite travel rewards credit cards offer lounge access, and the Platinum Card from American Express is at the top of the list. Apart from the small but exceptional network of Centurion Lounges , the Platinum card can get you into over 1,000 Priority Pass lounges worldwide, as well as the handful of domestic Airspace Lounges. You can also get access to Delta lounges, but unfortunately, that access is more limited. Platinum cardholders only get complimentary Sky Club access when traveling on a same-day flight operated by Delta, or on a flight operated by WestJet so long as it's marketed by and booked through Delta (tickets starting with the number 006).
The Huffington Post
7 days
To the airlines, restaurants, and good people of my beautiful adoptive home of America: The ink has dried on my first American passport. As of April, I will have been one of your compatriots for a year. I love being American for myriad reasons, one of which is the very high material standard of living we enjoy, on average, relative to the residents of other nations. But there is a cause of suffering in our country that could so easily be eliminated at no cost to anyone, and it pains me. I happen to be especially qualified to eliminate the scourge on account of the country in which I was born - the United Kingdom. I have been holding my tongue (pen, or more accurately, laptop keyboard) for years out of a desire not to offend, but it has now become clear that the good that can be done by addressing the national disgrace of which I write is great enough that it is time to speak up.
Voice Of America
7 days
The technology on the new satellites makes airplanes trackable over the entire Earth, including those black zones. No one can currently pinpoint a plane in those areas — even on a flight over the Atlantic from the United States to Europe — except the pilot and the passengers. "You look at the screen on the back of the seat and you see the map and you recognize where you are. But air traffic control [only] knows roughly where you are," said Don Thom, CEO of Aireon, the company that developed the system inside the payload. The new technology would eliminate incidents like the aftermath of Malaysia Airlines Flight MH370. The plane disappeared over the ocean nearly three years ago while flying from Kuala Lumpur, Malaysia, to Beijing, China. The body of the plane and the remains of the 239 people on board have not been found, despite an extensive underwater search of the Indian Ocean.
Politico
7 days
For each of those accomplishments, though, TSA has had an even greater number of slip-ups under the administrator’s reign. Republicans on the House Homeland Security Committee accused the agency this summer of lying about the fact that U.S. air marshals were not allowed on new scheduled flights between the United States and Cuba. The Department of Homeland Security’s inspector general dinged the agency in the spring for failing to follow through on nearly decade-old mandates to regulate rail security. And dozens of TSA employees have come to the House Oversight Committee with complaints of nepotism and a “retaliatory culture” at TSA when it comes to whistleblowers. Still, leaders on Capitol Hill have remained largely keen on the administrator himself. Lawmakers didnt even sour on Neffenger after TSA lines grew hours long at major hubs last spring, despite reprimanding the agency for years of poor budget planning and what many characterized as insufficient coordination with airports and airlines.
South China Morning Post
7 days
Companies in trading, telecommunications, car assembly, ports and airlines are likely to be the hardest hit when Donald Trump becomes the 45th president of the United States next week, as they stand to feel the brunt if he makes good on his campaign pledges to tax imports and relocate jobs back to America, analysts said. Banking and finance are likely to be the biggest winners as the US Federal Reserve has foreshadowed three interest rate increases this year. Construction companies, builders...