Norwegian now plans South Pole routes!, Skyteam opens new lounges, Chase Sapphire Reserve updates

Posted on February 28, 2018 by in Travel Deals

– Norwegian is clearly the daredevil entrepreneur of modern aviation – read this!

Norwegian Air Argentina (DN, Buenos Aires Aeroparque) is planning to exercise its route authority for regular passenger flights between Buenos Aires Ezeiza and Perth Int’l, Australia.

According to The West Australian newspaper, the nascent budget carrier would use Perth as a stop on proposed flights to Singapore Changi whose rights it has also applied for.

The Argentine Chamber of Commerce’s Australia executive director, Diego Berazategui, has already set forth the proposal to Western Australian industrialists as well as Argentina’s ambassador to Australia, Hugo Gobbi.

“The study shows that a trans-polar flight between Buenos Aires and Perth would take less than 15 hours and would position Perth as a great midpoint destination for international travellers between Asia and Latin America,” he said.

No flights between Argentina and Southeast Asia currently exist despite Buenos Aires actively courting investment from region. In September last year, Foreign Minister Jorge Faurie reopened the Argentine Embassy in Singapore amid plans to use the diplomatic outpost to increase and diversify Argentine product and service exports, not only to the Singaporean market but also to Asia as a whole.

– sadly Mega Maldives is entering liquidation

– I really like the Skyteam lounge at London Heathrow (not so much the Skyteam lounge in Dubai) and now the alliance is adding lounges in Santiago de Chile and Istanbul (at the new airport due to open in late 2018)

There are a few more Skyteam lounges at Beijing, Hong Kong, Sydney and Vancouver.

– some interesting facts from the Chase Sapphire Reserve the Chase CFO Marianne Lake (Page 35) – the renewal rate is at 90%! (HT DoC)

I find that not surprising given how hard it is to get approved (again) for any Chase card now and how the good the benefits are for a $150 fee card (the $450 annual fee is misleading since everyone will manage $300 in travel expenditures in a year).

What is not mentioned is how profitable the Chase Sapphire Reserve is for the bank. I can’t find a lot of scenarios where Chase can make money of this card (besides identifying High Net Worth individuals). The card is breaking even at best but MAY deliver marketing leads to Chase’ business.