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Byrne Hobart: Why Airline Loyalty Programs Are Really Just FinTech Companies
"World of DaaS"
Airline Loyalty Programs During the Orte
Loyalty programs like the main wan to think about them that h the function that they served for the air lines. Getting cheap capital in an epocefe business during a down turn in that business is actually absolutely because it means that you don't have to trim your route network as much. Every time a network carrier, so carried t, has this hub and spoke model, every time they cut a route, they're reducing demand on all the other routes that go into that same hub. Some of that is just because of the actual demand for tickets. And then some of, i an increasing amount, is because you're capturing a larger set of people who spend a lot of
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