US probe targets airline frequent flyer programmes

Quick Summary:

US Department of Transportation looking at devalued rewards, fees.

While the potential consequences are unclear, federal regulators could demand changes that might disrupt these profit centres for both carriers and credit-card issuers, and remove a travel option valued by many consumers.

They’ve also raised concerns about whether the programmes give larger airlines an unfair advantage over smaller competitors.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Rewards Probe Airlines First Group Consumers Government Programmes Carriers Loyalty Frequent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 11:03:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 599 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22386934

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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Headquarters: Singapore

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