flyin4pennies
Well-known member
- Joined
- Oct 18, 2005
- Posts
- 152
I recently had a chat with a UAL pilot who added his 2 bits to the ongoing decline.
He explained that bankrupt Airlines are being bailed out by credit card companies because they are bring in the customers with their airline reward programs. The $1.2B given to DAL/UAL/NWA is nothing to the banks compared to the several $B. they make off of their card holders in interest payments.
Sounds logical but is this really what we want for ourselves?
Most of us got into this for the love of aviation.
Do we want to be a cash cow for banks?
This could only turn out bad!
ANY TAKERS?
He explained that bankrupt Airlines are being bailed out by credit card companies because they are bring in the customers with their airline reward programs. The $1.2B given to DAL/UAL/NWA is nothing to the banks compared to the several $B. they make off of their card holders in interest payments.
Sounds logical but is this really what we want for ourselves?
Most of us got into this for the love of aviation.
Do we want to be a cash cow for banks?
This could only turn out bad!
ANY TAKERS?