Originally Posted by
jfktocdg
It's not hard to put 350K thru Amex as business expenses. And DL is not a bank and they only see a small percentage of that. And don't for a second underestimate the spending power of retirees. They have amassed a lot of money and they are spending it on leisure travel and have NO problem spending 6K r/t east coast to western EU for a C+ seat or a transcon or JFK to MIA. Your CC thing isn't that profitable. Not nearly. CC spend should have nothing to do with elite status any more on DL. Let AA and UA and Alaska take that on. Let the rest of the people who are willing to pay for a premium product have the better experience that they willing to pay more for. You can't pay 12K or 18K a year in ticket spend? But you can spend 350K on business expenses thru Amex? Yeah, no. 18K a year is nothing. I spend that every month and then some.
It's no coincidence that airlines started becoming profitable at the same time that cobranded credit cards started blossoming.