Report: United's ($1B?) credit card deal may be imperiled/Where are the prosecutors?

Discussion in 'United Airlines | MileagePlus' started by ahappyelite, Oct 17, 2017.  |  Print Topic

  1. ahappyelite

    ahappyelite Silver Member

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    A report says that United's Chase Sapphire deal might be in trouble and hints that the company may make $1Billion or more selling miles which should have every US Attorney in the country (and state AG's) geared up. How do you continue to hard sell miles in a program you've gutted in an industry where the Delta CEO who has pioneered the decimation of frequent flyer programs has publicly said he intends that only a tiny number of people will, in the future, redeem their miles, especially for air travel.
    https://skift.com/2017/10/16/chase-...-buzz-could-be-a-problem-for-united-airlines/
     
  2. ahappyelite

    ahappyelite Silver Member

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    And where is the SEC in all of this? United's finances are premised on selling miles in a program they've gutted and Today reports of a deal to sell absolutely worthless travel insurance from AIG. These sketchy revenue streams are presumably baked into the financials?
     

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