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Bilt and United Airlines Expand Collaboration, Unlocking 2X Total Miles on Rent Payments for MileagePlus Cardmembers
Businesswire· 2025-12-04 13:06
Core Insights - Bilt has expanded its collaboration with United Airlines, allowing United MileagePlus Chase Cardmembers to earn 2 miles per $1 spent on rent payments through the Bilt platform [1][4][7] Company Overview - Bilt is the first loyalty program designed for renters, enabling members to earn rewards on rent and HOA payments while facilitating a path to homeownership [9] - The Bilt ecosystem includes over 45,000 neighborhood merchants and restaurant partners, enhancing earning opportunities for its members [5][9] Partnership Details - This collaboration marks Bilt's second co-brand card partnership, significantly increasing earning potential for its 5 million+ members [2][3] - Eligible United MileagePlus Chase Cardmembers can earn miles on rent payments, turning a significant monthly expense into a means to earn travel rewards [4][7] Benefits and Features - The earning potential is capped at $50,000 in rent payments per calendar year, applicable to all participating United MileagePlus Chase consumer credit cards [4][10] - Members can activate the benefit by linking their eligible United MileagePlus card to their Bilt account and selecting it as their preferred payment method [7] Market Impact - The partnership leverages United Airlines' extensive network, connecting passengers to over 360 destinations, particularly in key Bilt markets [6] - The collaboration aims to enhance member loyalty by providing additional incentives for paying rent through Bilt [7]
Start Your Engines: JetBlue Launches Service to Daytona Beach from New York and Boston
Businesswire· 2025-12-04 12:09
DAYTONA BEACH, Fla.--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today expanded its Florida network with the start of daily, year-round service from New York (JFK) and Boston (BOS) to Daytona Beach International Airport (DAB). The new routes expand JetBlue's presence along Florida's Atlantic Coast and offer its customers even more convenient options to travel between the Northeast and Florida. "Florida is a cornerstone of JetBlue's network and we're proud to continue expanding across the state,†said Dave Jehn, ...
X @BBC News (World)
BBC News (World)· 2025-12-04 07:55
More than 300 flights cancelled as Indian airline faces 'staff shortage' https://t.co/k3U77M9pnh ...
Viewpoint: Prudent or Not, an Insured’s Extra Expense Must Be Strictly ‘Necessary’
Insurance Journal· 2025-12-04 06:00
In a well-reasoned recent opinion, an Illinois appellate court strictly construed a cyber policy, ruling that reasonable—but contractually unnecessary—payments made by an insured following a cyberattack did not constitute insured “extra expense.”While the decision is designated as “unpublished,” it is an important decision for cyber insurers and insureds alike. Specifically, the case provides clear guidance in situations where an insured takes appropriate, but ultimately flawed, actions in response to a cyb ...
Hunt for missing flight MH370 to resume this month more than a decade after its disappearance
NBC News· 2025-12-04 00:01
Later this month, an American company is again going to search for the wreckage of Malaysia Airlines Flight 370. And you'll remember, you'll surely remember, the Boeing 77 bound from Malaysia to Beijing vanished from radar shortly after takeoff back in 2014. 239 people on board.Satellite data showed that it took a a turn from its flight path and it was suddenly going south into the far southern Indian Ocean and some debris has in fact washed ashore off Madagascar and on Reunion Island. The bulk of the plane ...
American Airlines Group Inc. (AAL) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
Seeking Alpha· 2025-12-03 23:43
Core Insights - The company is optimistic about its future, particularly looking forward to 2026, which marks its centennial year [2] - Significant progress has been made in improving the balance sheet post-COVID, with a focus on reducing debt levels [2] Financial Performance - The company had peak debt levels of $54 billion during COVID and has successfully reduced this by $15 billion ahead of its target, achieving this reduction by 2024 [2] - A new target has been set to lower total debt below $35 billion by the end of 2027, with ongoing progress being made towards this goal [2] Operational Efficiency - The company is recognized as a leader in cost efficiency, implementing a transformation initiative referred to as "reengineering the business" [2]
X @Bloomberg
Bloomberg· 2025-12-03 23:02
Alaska Air said it expects earnings per share of just 10 cents for the final quarter of the year — a 75% reduction — as an IT outage and US government-mandated flight cuts upended the carrier’s network over recent weeks https://t.co/DaT4bct8Jj ...
American Airlines Group (NasdaqGS:AAL) 2025 Conference Transcript
2025-12-03 22:07
Summary of American Airlines Group (NasdaqGS:AAL) 2025 Conference Call Company Overview - **Company**: American Airlines Group - **Event**: 2025 Conference Call - **Date**: December 03, 2025 Key Points Financial Performance and Outlook - **Debt Reduction**: American Airlines reduced its debt from a peak of $54 billion during COVID to below $39 billion by the end of 2024, achieving a target of reducing debt by $15 billion ahead of schedule. The new target is to reduce total debt below $35 billion by the end of 2027 [4][42] - **Cost Efficiency**: The company continues to lead in cost efficiency, with a focus on re-engineering the business to drive operational efficiency [4][5] - **Sales Recovery**: The commercial team has successfully regained market share and is optimistic about future sales initiatives, including a new customer agreement launching soon [6][8] 2026 Expectations - **Capacity Growth**: The airline expects mid-single-digit capacity growth in 2026, which is anticipated to drive low single-digit unit cost growth [15][23] - **Fleet Expansion**: American Airlines has a young fleet and plans to take delivery of additional aircraft, including 15-16 A321XLRs and 20 more 787s by the end of the decade [25][27] - **Premium Product Focus**: The company is increasing its premium cabin offerings, with a 20% increase in total premium seats and a 50% increase in lie-flat seats by 2030 [30][32] Market Conditions and Challenges - **Government Shutdown Impact**: The recent government shutdown had a temporary negative impact on bookings, particularly during the Thanksgiving and early December periods, but recovery is underway [12][14] - **Labor Costs**: Wage increases for pilots and flight attendants are expected, with pilots receiving a 4% increase and flight attendants a 3% increase, which may exert some cost pressure [17][18] Strategic Initiatives - **Citi Agreement**: The new agreement with Citi is expected to significantly enhance remuneration, projected to grow from $5.5 billion to around $10 billion by the end of the decade, contributing an incremental $1.5 billion to earnings [39][40] - **Network Growth**: The airline is focusing on expanding its network in key hubs such as Chicago, Philadelphia, Miami, and Phoenix, with plans to increase departures in these markets [50][51] Long-term Vision - **Balance Sheet Goals**: The company aims to achieve a gross debt of less than $35 billion and a net debt to EBITDA ratio of around 3x by 2027, which is expected to improve its credit rating [42][43] - **Shareholder Returns**: While currently focused on balance sheet improvement, the management team is open to discussing shareholder returns in the future once financial targets are met [44] Additional Insights - **Operational Efficiency**: The airline has made significant investments in technology and process improvements to enhance operational efficiency, with a focus on maintaining a competitive edge in the industry [20][21] - **Customer Experience**: American Airlines is committed to enhancing the customer experience, particularly for premium customers, and believes that its product offerings are among the best in the industry [61][63] Conclusion - **Positive Outlook**: The management expresses confidence in the company's trajectory heading into its centennial year in 2026, with a strong focus on operational efficiency, fleet modernization, and premium product offerings [60][64]
Boeing Elects Bradley D. Tilden to Board of Directors
Prnewswire· 2025-12-03 21:51
- Tilden, former chairman, president and CEO of Alaska Air Group, will join Safety and Finance committeesARLINGTON, Va.,Dec. 3, 2025/PRNewswire/ --The Boeing Company (NYSE:[BA](#financial-modal)) today announced that its Board of Directors has elected Bradley D. Tilden as its newest member, effective Dec. 3, 2025. Tilden will join the Aerospace Safety and Finance committees.Tilden, 64, previously served as chairman, president and CEO of Alaska Air Group, Inc., the parent company of Alaska Airlines and Hawai ...
Delta Air Lines, Inc. (DAL) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Seeking Alpha· 2025-12-03 20:53
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