Delta Air Lines announced yesterday it’s leveraging the SkyMiles loyalty program in order to secure $6.5 billion in funding.
The carrier crated an indirect wholly-owned subsidiary named “SkyMiles IP Ltd., a newly formed Cayman Islands exempted company incorporated with limited liability.” (This might explain why Delta chose the Caymans — in addition to it being a beautiful destination, of course.)
The Atlanta Journal-Constitution’s Kelly Yamanouchi reported the move allows Delta to turn down a CARES Act federal loan. This way, Delta “(avoids) surrendering more control in return for new federal money. It also highlights the airline’s ability to tap capital markets and the continued popularity of credit cards offering frequent flier miles despite a steep drop in air travel.”
Should we worry about SkyMiles?
Since Delta announced the extension of 2020 Medallion status through 2021, we’ve had several questions about status tier levels, rollover MQM, rollover MQD, and Choice Benefits.
We asked Delta about them; a corporate communications rep kindly gave us answers.
Here we go!
Delta SkyMiles No Longer Redeemable for ANY Gift Cards?
We have a little update to our post from last week in which René suggested Delta extend all Medallion members’ status for another year.
A couple of my family members are understandably concerned about traveling during the coronavirus COVID-19 pandemic. They recently booked a trip using the companion certificate from my Delta Reserve Credit Card from American Express — and are now considering postponing.
They were curious about what would happen to their reservation if they do, indeed, forgo their trip.
So I contacted Delta for some answers.
Saturday marks a couple of different occasions: February 29, as we’re in a Leap Year. It’s also the end of Delta’s Elevate Your Status promotion.
Italy is a destination on many traveler’s bucket lists. We found a decent, long weekend deal between Los Angeles and the Eternal City — in premium economy!
Well, here’s a nice Delta MQD score — while enjoying business class lie-flat seats.
Folks in Southern California (or who need an excuse to visit Los Angeles) might enjoy this quick Delta Air Lines mileage run from LAX to Miami (via JFK).
Check out this New York JFK to Papeete, Tahiti premium economy mileage run we found! There are several available dates for quick turns — and a couple allow you to stay a few nights!
San Diego-area Delta SkyMiles members looking for a quick elite mileage run may want to say “aloha” to this overnight trip yielding nearing 7,500 MQM for about $368.
Here’s a nice, fairly quick Delta Air Lines mileage run for West Coast flyers looking to pick up some quick MQM. It’s a San Diego to Miami trip (via New York JFK) with a few dates available this winter and spring.
LAST DAY – for OLD Delta Amex Card Spend Rules – You must buy stuff TODAY!
One of my family members enjoyed a fun surprise the other night.
Her Delta Medallion status drops this week from Platinum to Gold. While booking a Delta trip for this summer, she lamented she could no longer select Comfort+ seats shortly after booking (a perk reserved for Diamond and Platinum Medallions, inventory permitting, for free as an a but instant “upgrade”).
This JFK to San Diego Delta mileage run juuuusst squeaks in below our Main Cabin CPM limit. But for New Yorkers looking for a quick day trip to San Diego, this is a good opportunity to score almost 7,000 MQM for a decent price.