This is a roundup of news that I have come across during the day. Here you can read about free plane tickets for teachers, Marriott loses 98 hotels, virtual AmEx card numbers, shady games from Wells Fargo, airline rules don’t affect the rich and powerful, and surge in interest for private planes.
Teachers who successfully register will receive one round-trip economy class ticket to any of Qatar Airways’ 90 destinations worldwide. They will also receive a voucher for 50% off one future return ticket that they can use for themselves, a family member, or a friend. Both the ticket and the voucher are valid for travel now through Sept. 30, 2021.
Service Properties Trust (SVC), who owns 122 Marriott Hotels, officially terminated their agreement with Marriott. SVC sent a notice of payment shortfall to Marriott in September that required within 10 days for Marriott to pay $11 million to cover the shortfall between the payments SVC received and the 80% of priority payments due to them.
A reader says that American Express reached out to let them know that this feature set was being expanded to more customers. It sounds like this will be available to business cardholders only and it’s unclear if all cardholders will have access or if it will be invite only.
Wells Fargo has built quite the reputation for itself, and not in a good way. A few years back they were busted for making fake accounts for customers and overcharging mortgage customers etc. The list really went on and on, and they have not been alone with others in the banking industry doing predatory things.
McCaul was on board United flight 6027 operated by Mesa Airlines. He wasn’t kicked off for reportedly refusing to wear a mask prior to pushback. I asked United to comment, including whether Congressman McCaul was still allowed to fly the airline during the pandemic, while masks are ostensibly required.
Bill Herp – Linear Air CEO joins Yahoo Finance’s On The Move panel to discuss why more American’s are looking to travel on private planes as well as break down the outlook for the travel industry.