Word: flyer
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...think finding a cheap air fare today is a chore, try lining up a freebie. Last year the airlines awarded 2 trillion new frequent-flyer miles--triple the number handed out a decade ago--yet they haven't expanded the number of available free seats anywhere near that fast. It's no wonder America's 57 million frequent flyers are having a tougher time than ever taking off for nothing...
Ever wonder whether you really have a chance of snagging that plane ticket with your frequent-flyer miles? Congressman Peter DeFazio (D., Ore.) does, and he'll soon introduce a bill requiring airlines to disclose what the odds on a given route actually are. Under the legislation, carriers would also have to provide all possible fares for a trip, not just the ones for a specific time and day. For now, double-check your miles' expiration date; they probably run out sooner than you think...
...Well," Glenn answered, more bemused than flip, "the leader normally doesn't." With that, the 32-year-old flyer peeled off for Pohang...
...Bill Clinton prepared to jet to Beijing this week, the most crucial diplomacy in Asia was taking place over the telephone wires between Tokyo and Washington. It led to a $2 billion flyer by the U.S. Treasury to support the Japanese yen, which briefly pumped up stock markets and threw the Clinton Administration into the treacherous depths of the international money markets. It was the first time in three years that the U.S. had jumped into the currency markets, and it put Washington's credibility--and that of Treasury Secretary Robert Rubin--on the line in the global currency crisis...
...Steve Graham successfully bid for. Participants can attend in person or phone in or write in their bids ahead of time. Hotel companies offer auctions as well, but InsideFlyer's Petersen says the airline auctions tend to have sexier awards. Take Northwest's: since 1996, WorldPerks, the frequent-flyer program of the airline, based in Minneapolis, Minn., has conducted three bidding sessions--in Detroit, Minneapolis and at Sotheby's in New York City. No minimum bids are required, and the proceedings are open to any of WorldPerks' approximately 17 million members worldwide. Some of the 25,000 people who have...