GlobalPass Update
 

My occasional search for news of GlobalPass has come up with the latest from AvNews, a latin America oriented aviation newsletter, which is published by the Booths' AvGroup, which also manages LatinPass for the member airlines. This information is only partial, since the original web page is no longer available, and this is from Google's cached version of the page:

LatinPass Is Going Global
The highly successful Latin American airlines frequent flyer program, founded in 1994, is evolving into a worldwide, consumer-driven loyalty program, GlobalPass. This month, the shareholder airlines of LatinPass will sell the assets and liabilities of the program to a new, publicly traded corporation which will…

For those interested, the AvNews site is:
http://www.aviation-latinamerica.com/

Of course, this news raises all sorts of interesting questions. "Publicly traded" is the first thing that raises my eyebrows. Publicly traded requires full disclosure. Exactly what are they planning to disclose to potential shareholders about the LatinPass members and program, one wonders?


Djlawman

[This message has been edited by Djlawman (edited 03-08-2001).]

In the cover story of January's international InsideFlyer: "Rumors abound that GlobalPass will be the program of the start-ups in Europe and will try to rope in the Ryanair, Go, Buzz and EasyJet."

According to WHOIS, the official registrant for globalpass.com is: