LendingTree cautions airlines could devalue some of their loyalty programmes over higher liabilities

    LendingTree chief credit analyst Matt Schulz cautioned that airlines could devalue some of their loyalty programme miles or points, after liabilities tied to loyalty programmes rose in 2020 due to reduced flying (Simple Flying/Aviation Herald, May-2021). The company, via its ValuePengiun consumer finance site, reported the liabilities of the five most valuable airline loyalty programmes in the US rose 12% year-on-year to almost USD27.5 billion in 2020.

    We use cookies and other web technologies to collect anonymous data about the usage of this website so that we can better serve your needs. If you'd like more information on this data please see our Privacy Settings. By clicking "I Agree" below, you are agreeing to allow us to collect additional usage data.