Azjubilee From United States of America, joined Apr 2000, 4256 posts, RR: 26
Reply 4, posted (8 years 1 month 1 day 5 hours ago) and read 3032 times:
Worldperks IS indeed apart of the airline, just like Compass, NWA Cargo and Mesaba. If it makes sense financially and if it adds value to the product and investors, it could be something that is done. They're exploring all options and by no means have comitted to anything.
I don't know if i would call it successfully for the passengers, their Aeroplan sucks now that its privatized, its almost impossible to earn miles without paying extra to do so, or buying a full fare ticket.
TWFirst From Vatican City, joined Apr 2000, 6346 posts, RR: 51
Reply 10, posted (8 years 1 month 13 hours ago) and read 2283 times:
Quoting Isitsafenow (Reply 8): We all know this can go either way....one drops it, they all do. OR
one drops it and the others don't and the first one reinvents it again.. The old "brought back by popular
They're not talking about doing away with it... there are lots of loyalty programs out there that are not owned/managed by the client company. They're talking about essentially outsourcing it so the liability isn't on their books. They may spin it off to shareholders or they may sell it.
RJNUT From United States of America, joined Dec 1999, 1441 posts, RR: 0
Reply 11, posted (8 years 1 month 13 hours ago) and read 2274 times:
and if all the airlines spin off frequent flyer programs, what value would they have,,maybe the 1st few that are sold off , but after that I dont see where the money is, just a large marketing data base is all one seems to be acquiring!
EXAAUADL From , joined Dec 1969, posts, RR:
Reply 12, posted (8 years 1 month 12 hours ago) and read 2200 times:
Quoting D L X (Reply 1): Why are all the airlines mulling spinning off their frequent flier programs? How can it still work if it's not part of the company?
Cuz greedy wall street is making them. a lot of debt was changed to equity and now that equity isnt performing as well thanks inpart to other greedy wall streeters who plow $$$$ into oil futures, thus hurting original greedy wall streeters NW investment.