Originally Posted by
josephstern
I'm just suggesting it as a possibility.
I know they claim to be profitable, but I personally don't believe it. So if you're in the red, maybe you go a little further in the red to look better short- and medium-term? Then you're a better acquisition target?
By my count, Bilt has offered Rent-Day transfer bonuses to the following airlines:
HA, AF, VS, EK, AC, AS, AV, BA (and WN next month)
It'd be highly costly to Bilt if it paid more than market to acquire those miles. The only airlines that we haven't seen transfer bonuses from Bilt are UA, TK and TP. Not sure about TK or TP, but it's possible that Bilt has to pay more for UA miles (and for AA miles when AA was a transfer partner). For hotel partners, I'm sure Hyatt is the costliest and we'll never see a transfer bonus to Hyatt.
I'm not sure Bilt is setting itself up as an acquisition target. Wells would be a natural acquirer, but knowing what it knows now, it's hard to imagine it'd contemplate an acquisition.