Redeem your miles right now before all the airlines liquidate!

Shoot me now, please. What exactly does it take to be hailed as a “travel expert?”

Here’s some advice from “travel expert” Steve Danishek along with commentary from the writer hanks to this brilliant Seattle King 5 article:

Even though airfares are the lowest they’ve been in years, people just aren’t flying.

The approximately ten times I’ve been bumped from flights over the past two months would beg to differ.

“Where the airlines would have normally seen second quarter profits and should have because they’ve done everything right, it’s just that the money is not coming in in the fares. The fare levels are depressed by almost 18 percent,” said travel expert Steve Danishek.

I’m a bit confused, Steve. Airlines “normally” make money and have “done everything right?” Nah, those aren’t blanket statements.

To protect yourself, Danishek says the first thing you should do is use your frequent flier miles as soon as you can.

Thanks for the advice, pal.

“If they go bankrupt and they liquidate the carrier, the miles will be worthless,” said Danishek.

What an astute observation! Have you considered the other options if they filed for bankruptcy, like mergers, takeovers, or the potential for a government run airline?

Secondly, buy travel insurance before the airline files for Chapter 11.

This is the part where I’d usually start cussing, but I won’t. 😉

The sad part about all this? Most people reading the article are probably taking it at face value and burning 50,000 miles for a ticket from San Francisco to Los Angeles with a $75 close-in fee which could be had for $100.

About lucky

Ben Schlappig (aka Lucky) is a travel consultant, blogger, and avid points collector. He travels about 400,000 miles a year, primarily using miles and points to fund his first class experiences. He chronicles his adventures, along with industry news, here at One Mile At A Time.

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Comments

  1. When I saw this on the news the other night, it pissed me off. This could end up being a situation where the newscasters create the news. If they tell people that certain airlines MAY have to file for bankruptcy, then people might not use the listed airlines for fear of their future flight plans falling through – and if they do book then most may only use miles to use them up for fear of losing them. This kind of situation would cause financial stress to the named airlines, thus causing the situation the newscaster stated MAY happen. Freakin’ brilliant! I don’t really see this as responsible reporting on the part of King 5.

  2. Ben, I’d agree with the “expert ” on the first point. The fact that you’ve been successfully bumped doesn’t mean that lots of people are flying. In most cases the airlines have cut ASMs more than RPMs have decreased, leading to higher load factors.

  3. I think the higher bump numbers might be a result of the same (or fewer) people on fewer flights overall. Capacity cuts are ruling the world, sadly.

  4. @ David — Absolutely correct.

    @ Dan & Gray — There’s no doubt that there are less overall passengers, but I would argue more people are traveling overall. Anecdotally speaking, at least, most non-FF’ers I know have taken more leisure trips this year, while business travel is down (which is primarily responsible for lower loads).

    So I would say “people just aren’t flying” is incorrect. People are flying, it’s just that the proportion of leisure/business travelers has changed quite a bit, which results in less passengers overall.

  5. Of course the guy is an idiot … but it’s always a good idea to use and not hoard your miles. That point is pretty valid. And if someone wants to blow 50k miles on a $100 flight … well, that just leaves more availability on other flights for the rest of us.

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