Word: petersen
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...able to earn miles on either carrier and, to a certain extent, pool them. But while that might grant flyers more options, it could also limit competition and further increase already sky-high demand for free seats. Frequent-flyer programs are shrouded in secrecy, but according to Randy Petersen, editor of the trade magazine InsideFlyer, most airlines make only about 7% of seats on a major route available for saver awards. Although an estimated 15 million passengers flew free last year, and 65% of all members redeemed miles for a ticket, upgrade or hotel or car-rental rebate, millions still...
Meanwhile, by selling miles to credit-card and phone companies, the airlines together generate $1.5 billion in extra revenues each year on their frequent-flyer programs, according to Petersen. And since frequent flyers often stick to their preferred carrier, even when cheaper fares are available elsewhere, they allow the airlines to charge higher fares, saving the industry some $4 billion annually. Thanks to tight restrictions on frequent-flyer awards, most seats given away by airlines are those that would otherwise go unfilled, costing the airlines next to nothing...
...company, our philosophy is to look at the long term," said Erynn B. Petersen, a company recruiter...
...exception: In the Line of Fire. Give Wolfgang Petersen his due for making a solid American thriller and casting Fred Thompson to boot. And if, like me, you found Clint Eastwood a little old and stiff to leaping about on rooftops, think of it this way: He?s supposed to be stiff, at least -? he?s a Secret Service agent. And he does...
Then there are the auction items like the one Steve Graham successfully bid for. Participants can attend in person or phone in or write in their bids ahead of time. Hotel companies offer auctions as well, but InsideFlyer's Petersen says the airline auctions tend to have sexier awards. Take Northwest's: since 1996, WorldPerks, the frequent-flyer program of the airline, based in Minneapolis, Minn., has conducted three bidding sessions--in Detroit, Minneapolis and at Sotheby's in New York City. No minimum bids are required, and the proceedings are open to any of WorldPerks' approximately 17 million members...