IAG (parent of BA, Aer Lingus, Iberia and Vueling) bets on recovery to raise €1.2bn survival bond at tight yields despite loss of investment grade rating https://t.co/muJarTYoy9
ACE and JP Morgan are turning loyalty points "into a standardized, exchangeable currency to be traded by institutional investors and used as collateral to raise capital," writes Bloomberg (@business) about our recent agreement.
Read more: https://t.co/DQ0i8tUZzX
With loyalty programs playing an ever more important role in helping companies generate liquidity, we’re honored that today’s @nytimes@dealbook picked up on ACE’s new strategic agreement with @jpmorgan. (ACE mentioned in the middle of the article.)
https://t.co/eB6puzu1Eo
In today's DealBook newsletter: A chat with Alex Karp of Palantir on direct listings and corporate social activism, a deep dive into his tight control of the company, a new way to trade loyalty points, a start-up for buying second homes, and more https://t.co/joAZEWpLTs
A "game-changer": JPMorgan just inked a deal with a startup to let airlines and hotels tap their loyalty programs for capital. ACE in the news @businessinsider
https://t.co/ElYCgAMFqr
BREAKING: Latam Airlines, Latin America’s largest air carrier, files for bankruptcy in New York after the pandemic grounded flights https://t.co/gRswLzxMle
Loyalty points are increasingly being used by hotels and airlines to raise liquidity. ACE's founder @atchri talks with @KDoggrell about the latest trend - now embraced by Marriott
Frequent flyer programs have a more compelling value potential as part of the airline, not as an independent business. Hope Korean finds alternatives to selling Skypass... https://t.co/siQ3lxZmCV
We announced today that we have terminated our agreement with Embraer under which the two companies planned to establish two joint ventures.
Release: https://t.co/ORq8lepNis
The International Monetary Fund predicts the world economy will strengthen in 2020, but at a slightly slower pace than previously anticipated https://t.co/tznDKzDp3x