50,000 AAdvantage cards are back, Avianca courted by bidders, new way around 5/24, 7,000 FinnAir Plus bonus, how is flying TAAG?
– Citi has upped the sign-up bonus for several AAdvantage cards to 50,000
As per last rules – you are eligible for a new sign-up bonus after 24 months after not having this card.
– Avianca is in the lucky position to have three bidders for their minority stake that’s for sale
Quoting sources familiar with the proposed deal, The New York Times reports US-based hedge fund Elliott Management, which is involved in the deal, last week received proposals from Panama’s Copa Airlines, United Airlines parent United Continental Holdings Inc, and Delta Air Lines.
Of the offers, the Panamanians are proposing a merger that would value Avianca at more than USD2 billion. On the US carriers’ part, United has offered a USD500 million loan to Avianca and potentially one of its investors. Delta has offered more than USD1 billion in cash, the bulk of which would go to buying out most of parent firm Synergy with the rest going to Avianca. The Delta bid implied a USD1.9 billion valuation, the paper said.
– apparently there is a new way around 5/24 – the overly restrictive Chase rule for applying for cards
The ‘magic link’ did not show up for me and it’s rather rare – let us know if it works for you!
FinnAir has cheap Business Class flights to Asia from time to time – this is a nice add-on.
– Rapid Travel Chai tells us everything about how to book Aer Lingus using Avios
The airline has some amazing fares from Lisbon to Southern Africa – good to hear they are not as bad as I feared.
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About the author: Torsten is a serial entrepreneur who started almost a dozen ventures on four continents. Torsten's love for travel has brought him to 130+ countries and travel with most of the world's airlines. You can reach Torsten at [email protected]
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