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Chase Freedom Flex℠ and Chase Freedom® cardholders can activate the Q1 bonus categories through their Chase account starting December 15, 2022, until March 14, 2023. How Chase Freedom quarterly bonus categories workEach quarter of the year, the Chase Freedom Flex℠ and Chase Freedom® cards earn 5% back (or 5x points) on a different set of bonus categories. That's why you can think of the Chase Freedom Flex℠ and Chase Freedom® bonus categories as earning you either 5% back or 5x points. Previous Chase Freedom quarterly bonus categoriesFor Q4 2022 (October through December), the Chase Freedom bonus categories are Walmart and PayPal. Right now, there are alternative bonuses available directly through Chase for the Freedom cards — find out more in our guide to the current Chase Freedom offers and in our Chase Freedom Flex review.

☆ Air India's history as Tata pours in money to revive the airline
▼ + stars: | 2022-12-12 | by ( ) www.reuters.com time to read: +1 min

CHENNAI, Dec 12 (Reuters) - Air India is carving out an ambitious renaissance under the Tata Group conglomerate, which regained control earlier this year after the airline was nationalised nearly seven decades ago. The report came days after Tata announced the merger of Air India with Vistara, a joint venture with Singapore Airlines, to cement itself as the country's largest international carrier and second largest in the domestic market after IndiGo (INGL.NS). The merged Air India entity will have 218 planes and fly to 52 domestic and 38 international destinations. Here is Air India's timeline that includes financial troubles, reputation drop and Tata's plans to restore it. *sourced from Britannica($1 = 82.5650 Indian rupees)Reporting by Praveen Paramasivam in Chennai and Nandan Mandayam in Bengaluru; editing by David EvansOur Standards: The Thomson Reuters Trust Principles.

☆ Air India to spend over $400 mln to refurbish cabin interiors
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Dec 8 (Reuters) - Air India would spend more than $400 million to refurbish the interiors of its entire wide-body fleet to attract more flyers after the carrier was taken over by Indian conglomerate Tata Group at the start of this year, it said on Thursday. The refurbishment will involve introduction of a premium economy cabin, it said in a statement, adding that the first aircraft with refurbished interiors will enter service in mid-2024. "Air India has committed to attain the highest standards of product and service befitting of a world class airline. We know that, at present, the cabin product on our 40 legacy widebody aircraft falls short of this standard," the company said. Once known for its lavishly decorated planes and stellar service, state-owned Air India was swept into a downward spiral due to mounting debt and ballooning losses.

☆ Airlines forced to ration jet fuel in New Zealand, but limited impact seen
▼ + stars: | 2022-12-07 | by ( Lewis Jackson | ) www.reuters.com time to read: +2 min

SYDNEY (Reuters) -Key regional airlines said on Wednesday they expected to continue scheduled flights with New Zealand, which is beginning to ration jet fuel after a recent shipment failed government tests. FILE PHOTO: Air New Zealand Bombardier Q300 planes sit near the terminal at Auckland Airport in New Zealand, June 25, 2017. The next scheduled shipment, due to arrive on Dec. 12, will be ready for use by Dec. 18. O’Brien said regional airlines would mitigate the impact of reduced supplies by loading extra fuel at destinations such as Australia, though longer-haul airlines would need to consider refuelling stops or trading off cargo for more fuel. “So while it’s possible, it’s not simple and it’s not cheap,” added O’Brien, the executive director of the Board of Airline Representatives of New Zealand.

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☆ HKEX alum helps Macau take micro-step into finance
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Dec 6 (Reuters Breakingviews) - Small is beautiful. Hong Kong’s former stock market Chief Executive Charles Li, key driver of the wildly successful bilateral Stock Connect programme between mainland Chinese bourses and Hong Kong, is kickstarting an asset exchange in Macau. Given Li’s experience running Hong Kong Exchanges and Clearing’s (0388.HK) HK$26 trillion ($3.35 trillion) securities market, his entry is a coup for Macau, which is increasingly desperate to diversify beyond gambling into finance. Talk of a yuan-based stock exchange has yet to bear fruit. Macau, which sits outside China’s capital controls like Hong Kong, may want to compete with its neighbour, but it has a long way to go.

Thankfully, there are a few ways to get around those extra fees, with more airlines offering passengers access to free Wi-Fi than ever before. Hawaiian Airlines is also planning to launch free in-flight Wi-Fi in 2023 thanks to its partnership with SpaceX's SkyLink. American Airlines also seems to be testing out free Wi-Fi on many of its aircraft that are equipped with Viasat — as part of an ongoing trial, passengers who opt to watch a sponsored video can access 30 minutes of Wi-Fi free of charge. Some international carriers offer free Wi-Fi, but with certain stipulations. Then, choose the airline's Wi-Fi network and login on the Wi-Fi homepage using your T-Mobile or Sprint phone number.

☆ ASOS bonus tweak stores up longer-term woes
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +1 min

On Tuesday, the 653 million pound fast fashion retailer changed the targets for José Antonio Ramos Calamonte’s bonus next year. The portion of the up to 1.1 million pound payout linked to revenue growth will fall to 15% from 30%. Meanwhile the share linked to cash flow has been upgraded to 35%, and cost cuts will also be rewarded. With the years of rapid growth over, ASOS may look even more vulnerable to a takeover. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Singapore Airlines extends its India runway
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

On Tuesday Singapore Airlines (SIAL.SI) and Indian conglomerate Tata agreed to merge their nine-year-old jointly owned carrier Vistara with Air India, whose enterprise was valued at $2.4 billion when Tata bought it just over a year ago. Air India, meanwhile, will get a deep-pocketed partner willing to inject as much as $615 million more in capital over the next couple of years, if needed. Singapore Airlines’ ability to finance the deal with cash speaks volumes about its strong financial position. In any event, its ability to upgrade its seat in India will serve Singapore Airlines well. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ DoorDash puts profit on the menu
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Nov 30 (Reuters Breakingviews) - DoorDash (DASH.N) is taking the same route as its technological peers. Top-line growth, which has been the main course at DoorDash and elsewhere, will be relegated to a side dish. Costs also ballooned, however, and DoorDash accumulated a $3.2 billion deficit from operating losses as of Sept. 30. DoorDash has outpaced rival Uber Technologies (UBER.N), growing its U.S. market share to roughly 60%, per consumer data analyst Bloomberg Second Measure. The strong position should help Xu tweak the menu and serve up what investors are ordering.

☆ Ireland picks cheeky moment to lift bank bonus cap
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 30 (Reuters Breakingviews) - Ireland’s plan to lift a cap on bankers’ bonuses looks ill-timed. On Tuesday, Finance Minister Paschal Donohoe said Dublin will lift a 500,000 euro crisis-era cap on annual executive salaries and allow bonuses of up to 20,000 euros for bank workers. However, Irish bank bosses have long argued salary constraints made it difficult to retain top talent. The remaining big bank duopoly of AIB (AIBG.I) and Bank of Ireland (BIRG.I) means a customer backlash is unlikely as there is little alternative. Still, championing higher pay for bankers is a gutsy move in the middle of a cost-of-living crisis.

☆ Citi AT&T Points Plus Card review: Earn a $100 welcome bonus and up to $240 in annual statement credits for no annual fee
▼ + stars: | 2022-11-30 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +24 min

More Information The information related to the AT&T Points Plus℠ Card from Citi has been collected by Business Insider and has not been reviewed by the issuer. Review: Is the Citi AT&T Points Plus credit card the best card for you? Read our review Read Our Review A looong arrow, pointing rightFees and costsThe AT&T Points Plus℠ Card doesn't charge an annual fee. Does the Citi AT&T Points Plus card come with cell phone insurance? No, the AT&T Points Plus℠ Card unfortunately does not come with cell phone insurance.

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☆ Capital A to combine AirAsia and AirAsia X as part of restructuring plan
▼ + stars: | 2022-11-29 | by ( Jamie Freed | ) www.reuters.com time to read: +3 min

Capital A, headed by Fernandes, will retain the digital, logistics and aviation services businesses, while AirAsia X will be renamed AirAsia Aviation and be led by long-time executive Bo Lingam under the plan. Capital A hopes submit to Bursa Malaysia Securities for approval in February. AirAsia X is also classified as PN17, but in an interview with Reuters on Tuesday, Fernandes said under the restructuring plan, both listed companies would emerge from that status by July 2023. Capital A investors will receive an in-specie distribution in the former AirAsia X, giving them exposure to a pure airline business with multiple brands. Fernandes said the distressed-company status had a "major impact" on the airline's share price by reducing investor confidence, which he hoped to restore through the restructuring plan.

☆ See how Singapore Airlines' chefs develop meals for the world's longest flights in a luxury spa test kitchen
▼ + stars: | 2022-11-19 | by ( Brady Macdonald | ) www.businessinsider.com time to read: 1 min

"A little bit of theater is important, but ultimately we want to reflect the value of the meals and the ingredients that are being used," Singapore Airlines Global Food and Beverage Director Antony McNeil said. Singapore Airlines Global Food and Beverage Director Antony McNeil. Singapore Airlines

☆ JPMorgan says these global travel stocks are poised to pop as China eases Covid restrictions
▼ + stars: | 2022-11-18 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +3 min

It added that the uncertain economic outlook hasn't yet eaten into leisure travel spending — with the International Air Transport Association continuing to see strong forward international air travel bookings. The bank's key picks to play the sector are Beijing Capital International Airport and Shanghai Airport. Other airline stocks that are among JPMorgan's picks include Air China and Qantas Airways . Other stocks that could take flight Apart from airport and airline stocks, China's reopening would also benefit hotels, restaurants and leisure sectors , according to a Goldman Sachs note from Nov. 6. These stocks include casino operators Galaxy Entertainment and Sands China , food chain Yum China , as well as Trip.com .

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☆ Cathay Pacific's new chief Lam to spearhead COVID recovery, two-brand plan
▼ + stars: | 2022-11-09 | by ( Jamie Freed | ) www.reuters.com time to read: +3 min

Now that the Asian financial hub has scrapped onerous hotel quarantine rules, the airline is looking to build up passenger numbers. "Cathay has a mountain to climb to replace the staff, particularly pilots, that have left and continue to leave," he said. Lam, 50, joined Cathay in 1996, and was previously its chief customer and commercial officer. The two men took the top jobs in August 2019, after the resignation of then chief executive Rupert Hogg and Paul Loo, chief customer and commercial officer, amid mounting Chinese regulatory scrutiny of employees' involvement in the protests. Cathay's new chief customer and commercial officer is Lavinia Lau, 52, who moves from the role of director of customer travel, into a strong position to become its first female chief executive.

☆ Cathay’s outgoing boss can flash half-decent card
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Nov 9 (Reuters Breakingviews) - Cathay Pacific’s (0293.HK) new boss has reason for optimism. The outgoing chief executive can flash a half-decent report card. He navigated the Air China- (601111.SS) and Swire Pacific-backed (0019.HK) company through backlash from Beijing after employees took part in the 2019 Hong Kong protests. The $6 billion airline has seen a modest rebound of travellers since Hong Kong dropped hotel quarantine requirements. Since Tang’s appointment in August 2019, Cathay has logged a negative total return of 16%.

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☆ China's biggest air show opens under cloud of zero-COVID policy
▼ + stars: | 2022-11-08 | by ( Reuters Staff | ) www.reuters.com time to read: +4 min

BEIJING (Reuters) -A scaled-down version of China’s biggest air show opened on Tuesday, with some delegates unable to attend because of the country’s zero-COVID policy as virus case numbers there reached their highest level in six months. The show’s organisers did not immediately respond to a request for comment. The zero-COVID policy comes amid a broader decoupling from the West in the aerospace industry as China aims for increased self-reliance and watches the effects of strict export sanctions placed on Russia’s aviation industry because of that country’s invasion of Ukraine. China Southern did not immediately respond to a request for comment. China is also showing off a FH-97A “Loyal Wingman” drone model designed to coordinate with crewed aircraft, the Global Times reported.

☆ Singapore Airlines expects 2023 airfares may decline as rivals add capacity
▼ + stars: | 2022-11-07 | by ( Jamie Freed | ) www.reuters.com time to read: +2 min

SummarySummary Companies Airline reported record quarterly revenue in Q2Passenger yields were 32% above 2019 levels in Q2Bookings strong through Lunar New Year period - executiveNov 7 (Reuters) - Singapore Airlines Ltd (SIA) (SIAL.SI) expects passenger yields, a proxy for airfares, could decline in 2023 as rival airlines bring back planes idled during the pandemic and add capacity, a senior executive said on Monday. The airline on Friday swung to a second-quarter profit and declared its first dividend in three years as international borders reopened and travel demand rebounded strongly in the three months ended on Sept. 30. SIA's passenger yields across its group airlines were 32% higher during the quarter than during the same quarter in 2019 before the pandemic decimated air travel, according to Reuters calculations based on the respective financial results. The airline's shares were trading 1.5% higher at 0315 GMT on Monday, having risen by as much as 3% in early trading to the highest level since June. Reporting by Jamie Freed in Sydney; Editing by Christian Schmollinger and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

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☆ These are the Top 8 airlines in the world, according to a group's survey of more than a million passengers
▼ + stars: | 2022-10-27 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

The Airline Passenger Experience Association named its Top 8 airlines in the world for 2023. The organization says it used more than a million passenger surveys that asked people about their experiences on 600 airlines around the world. The winners were not much different from last year, when the group named seven top carriers. These include Japan Airlines, Dutch national airline KLM, Singapore Airlines, Turkish Airlines; and Middle Eastern carriers Qatar Airways, Saudia, and Emirates. Here's a closer look at the Top 8 airlines named by APEX for 2023, listed in alphabetical order.

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