Recap: Delta Debt Backed By Loyalty Program, IHG Loses Properties & More

 

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James
James (@guest_1044244)
August 27, 2020 18:34

Can someone help me understand how Delta’s loyalty program can be used to secure a loan as collateral? Can Delta and United devalue their points by increasing the number of points needed to redeem for a flight and how that affects their valuation?

Lrdx
Lrdx (@guest_1043318)
August 26, 2020 11:43

“$665.80 one way for those too lazy to click.”

What’s the opposite of clickbait? 🙂

blue9
blue9 (@guest_1043634)
August 26, 2020 20:21

Spoiler!

YoniPDX
YoniPDX (@guest_1043313)
August 26, 2020 11:14

Hmm…..

Account payables factoring – borrowing more money against future liabilities already on your books.  

– “What a country, America what a country – I love it”.  ‘Brewsters Millions”

http://youtu.be/OzZHrtAuCm8

Almost like government printing money (fiat) – they can inflate away by flooding market with skymiles or devaluation, or just pull an AA and close your account.

Mike
Mike (@guest_1043273)
August 26, 2020 10:04

So….my Skymiles are collateral?

Matt Katakis
Matt Katakis (@guest_1043305)
August 26, 2020 10:54

Who knew Pesos were worth so much.

anonymous
anonymous (@guest_1043346)
August 26, 2020 12:25

Ironic, isn’t it? Considering how “worthless” they are…at least for nice tickets to desirable locations at desirable times of the year at desirable times of day.

mussels
mussels (@guest_1043458)
August 26, 2020 16:08

It is perfectly “rational” and “efficient”, sky pesos tend to worth more when there are less travelers