The Cost of Loyalty Programs
vor 1 Jahr
It is a bird? Is it a plane? Well, yes, it is a plane, but it's
also something much more. We all know that airlines fly passengers
and freight around the country and the world. But they're also like
banks, and data collecting businesses. And that's becaus
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Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making...
The Economy, Stupid
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Beschreibung
vor 1 Jahr
It is a bird? Is it a plane? Well, yes, it is a plane, but it's
also something much more.
We all know that airlines fly passengers and freight around the
country and the world. But they're also like banks, and data
collecting businesses. And that's because of the growing
importance of their frequent flyer programs. Though you no longer
need to fly to gain points. As customers we're not sure what
these points are worth. But to the airlines, loyalty programs are
so lucrative that they are a core part of their business.
Guests:
Katharine Kemp, Associate Professor at UNSW Law and Justice
Daniel Sciberras, Editor in Chief at Point Hacks
Ganesh Sitaraman, Professor of Law at Vanderbilt University and
author of Why flying is miserable and how to fix it, published by
Columbia Global Reports
Leona Tam, Professor at UTS Business School.
This program is repeated from March, 2024
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