Word: flyering
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Thanks to what seems an infinite number of ways to earn frequent-flyer miles--debit cards, long distance calls, grocery-counter promotions and the like--Americans have trillions more such credits than ever before. According to Randy Peterson, publisher of InsideFlyer.com there were 7.9 trillion unused miles floating around at the end of 2001. The '02 numbers aren't in yet, but that's still a staggering six times as many as existed a decade earlier...
...more miles when necessary. The holy grail of frequent-flyer rewards is the free ticket for accumulating 25,000 points, or miles. But it's tough to book one with only two to 20 seats on each flight available for rewards. By contrast, for travelers willing to use 40,000 miles, all seats on each flight are available. Many people balk at using so many miles, but it's not a bad deal. Consider this: the accepted value of a single airline mile is about 2˘ (figured on the basis of a 25,000 miles per $500 coach ticket...
...Airlines, are pushing to form an unprecedented three-way alliance that is causing even more consternation among their competitors. The three airlines have asked the Department of Transportation (DOT) to rapidly approve the alliance, which would allow the carriers to "code-share" on domestic flights, make interchangeable their frequent-flyer programs and combine sales and marketing operations. The DOT allowed a similar deal between United and US Airways, but this one would be even larger, accounting for more than 35% of the U.S. air-travel market...
...Hans Eichel. Dog owners will get slapped with a tax of 16% on pet food; company cars will be hit with a 1.5% tax, leading the auto industry to predict 150,000 fewer cars will be sold next year. Air travelers were threatened with a 15% tax on frequent-flyer miles, prompting national airline Lufthansa to say it was considering moving its program overseas, which would eliminate 500 jobs. The government will impose a flat 15% tax on capital gains from the sales of shares and houses, boost gasoline taxes and offer fewer subsidies for new home construction (hence...
...goals—the first tied the game 1-1 at 2:45 in the second period and the second tied the game 2-2 at 4:07 of the third period—were created off of Harvard mistakes. The Bear offense, which keeps one flyer in the neutral zone to cherry pick, was never a factor in the scoring...