Airlines

Alaska Airlines and Bank of America enhance cobranded credit card benefits

A new year reveals new reasons to celebrate what makes the Alaska Airlines Visa Signature® credit card, co-branded with Bank of America, better and more valuable than ever.

Current and new cardholders can now take advantage of enhanced benefits when they use the card while traveling with us and while making everyday purchases – from earning more miles in new ways to boarding their flight earlier to continued savings with a free checked bag and Alaska’s Famous Companion Fare™.

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Cardholders will enjoy these new benefits:

Earn Double Miles: Cardholders now earn 2 miles for every dollar spent on eligible purchases made every day – including gas, local transit including ride share, cable bill and select streaming services. Alaska miles don’t expire so they can be redeemed at any time.

Relationship Bonus: A 10% rewards bonus on all miles earned from card purchases with an open, eligible Bank of America checking, savings or investment account.

Priority Boarding: Early group boarding when tickets are purchased with an Alaska Visa Signature® card.

Alaska Lounge+ Membership Discount: Cardholders can enjoy $100 off the price of an Alaska Lounge+ membership every year when purchased with their Alaska Visa Signature® card.

Cardholders will also continue to enjoy the card’s additional benefits:

Alaska’s Famous Companion Fare™ Every Year: Current cardholders will continue to receive a companion fare that allows them to book a companion flight from just $122 ($99 fare plus taxes and fees from $23) when bought with their Alaska Visa Signature® card. The companion fare becomes available annually after their card anniversary and it’s valid on all flights booked on alaskaair.com. New cardholders must spend $6,000 or more on purchases within the prior anniversary year to receive the annual companion fare.

Continuing Ways to Earn Miles: Cardholders will still earn 3 miles for every dollar spent on eligible Alaska purchases and 1 mile for every dollar spent on all other things they buy.

20% Inflight Rebate: Cardholders get back 20% on onboard purchases such as food, beverages and Wi-Fi when they pay with their Alaska Visa Signature® card.

Low Annual Fee: Just $95 annually.

For a limited time, in addition to all the benefits above, new cardholders receive 70,000 bonus miles with this offer. Those bonus miles alone are more than enough for a roundtrip ticket anywhere Alaska flies. To qualify, cardholders need to make $3,000 or more in purchases within the first 90 days of opening their account.

Related Topics:Alaska Airlines Bank of America

Airlines

German Carrier Lufthansa Plans for 20% Job Cuts in Administration

Lufthansa Airlines is reportedly planning significant job cuts in its administrative workforce. According to Manager Magazin, the German carrier intends to reduce administrative positions by 20% as part of its cost-cutting measures amidst an anticipated decline in earnings.

This reduction could impact approximately 400 jobs, the report revealed. While Lufthansa has not directly commented on the layoffs, the airline confirmed its goal of cutting administrative costs by 20% by 2028.

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The strategy involves leveraging digital technologies, including artificial intelligence and automation. “A hiring freeze is currently in place for administrative roles at Lufthansa Airlines,” said a company spokesperson.

The staff reduction is expected to occur through natural attrition and age-related turnover, rather than forced layoffs. The internal projection cited by the magazine warns that Lufthansa could face an operating loss of €800 million ($843.92 million) by 2026 if no corrective measures are taken.

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The report highlights the challenges companies face in aligning workforce requirements with current and future demands. Failure to adapt could necessitate drastic actions, such as restructuring and layoffs, which carry significant repercussions for both the organization and its employees.

As Lufthansa navigates these challenges, the airline appears committed to balancing cost efficiency with digital transformation to maintain its competitiveness in a rapidly evolving industry.