Everyone's elite, but not for long. Airlines make travel perks harder to earn this year
Publishing timestamp: 2023-01-08 12:00:01
Summary
Airlines are offering more travel perks, such as lounge access and elite status, to customers who are willing to pay more for tickets and rewards credit cards. Airlines are also rethinking cabin configurations to fit more business-class or premium economy seats. Airlines are raising spending requirements to earn some elite frequent flyer tiers that grant free upgrades, early boarding, discounted or complimentary lounge memberships and other perks. Credit card partnerships have helped airlines stay afloat during the pandemic. Airlines are opening bigger airport lounges and expanding business-class cabins to fit more travelers.
Sentiment: POSITIVE
Keywords: life, aerospace and defense industry, business, travel, airlines, united airlines holdings inc, robert isom, delta air lines inc, american airlines group inc, markets, transportation, business news, breaking news: business, economy, american express co,
Source: https://www.cnbc.com/2023/01/08/airlines-scale-back-frequent-flyer-perks.html