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Yesterday’s official announcement that merger talks between US Airways and United have been terminated is great news for anyone vested in the loyalty programs of either of those carriers. If the merger had transpired, no matter which of the two airlines ended up with management control, there would be a lowest common denominator effect, with the worst practices of the least customer-friendly company dragging down the policies and procedures of the new company. In this case, the lowest common denominator would be US Airways. ....

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