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Old Nov 9, 2012 | 11:57 am
  #3  
cordelli
In Memoriam
 
Join Date: Feb 2000
Location: Easton, CT, USA
Programs: ua prem exec, Former hilton diamond
Posts: 31,801
From the NY Times in May of this year

Airports have financial and logistical enticements to work with Clear. The company shares revenue from its members’ fees with airports. A special Clear lane arguably eases overall congestion at security checkpoints while raising money and providing a service for which time-pressed business travelers, who cringe at long security lines, are willing to pay $179 a year.

“We paid Orlando in the first year close to a million dollars, and delivered a much better experience to their customers,” said Ms. Seidman-Becker, a prominent hedge fund manager and a co-founder of Alclear Holdings. Alclear bought the old Clear’s assets, including its signature kiosks and special technology, for about $5.7 million in bankruptcy court.
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