News in brief:
Is Flybe on the way back?!
I know it seems crazy, given the current level of travel, but Sky News believes that Flybe may be rising from the ashes. The story is here.
According to this report, the core financial investor when it collapsed – Cyrus Capital – is in talks with administrator EY.
What isn’t clear is what Cyrus Capital is in talks to buy. All it needs, really, is the brand.
What else is there? The aircraft all went back to the lessors and are presumably available irrespective. There is no shortage of slots. A new small airline wouldn’t need any of the legacy back-office functions.
It is clear that the Flybe brand still has value. If it didn’t, Cyrus could easily start a UK regional airline from scratch without needing to knock on EY’s door. Don’t hold your breath waiting for something to happen though.
Save 20% on IHG Rewards Club ‘points and cash’ redemptions
Until Tuesday 20th October, IHG Rewards Club is offering a 20% discount when you book a ‘points and cash’ redemption.
The discount only applies to the ‘cash’ portion of a redemption.
The key dates are:
- Book by 20th October
- Stay by 3rd January
If a hotel is offering reward nights, it will be taking part in this offer.
Here is a pricing example for the InterContinental Park Lane in London for 7th November. Note that you MUST log in to see the discounted rates. For a reward night, you can pay either:
If you get your calculator out, you will see that you are ‘paying’ 0.46p per IHG Rewards Club point. For example, in the first example you are spending £23 to reduce the points needed by 5,000.
I value IHG Rewards Club points at 0.4p. This means, arguably, that if you have enough points to book a room outright then that is a better deal. However, using ‘points and cash’ IS a better deal than buying the extra points you need directly from IHG.
There is one quirk with ‘points and cash’ you must remember. If you cancel your booking, you don’t get your cash back. You get the original points value instead.
In my example above, cancelling would lead to 62,500 points being dropped back into your account. You would NOT receive 57,500 points plus the £23 you spent.
You can learn more about the ‘points and cash’ flash sale on ihg.com here. You must book by Tuesday night.
Save 20% at No1 Lounges – or get free champagne
As it slowly starts to reopen its airport lounges, No1 Lounges has launched two new promotions.
Remember that No1 Lounges is no longer part of Priority Pass or Lounge Club. Unless you have a DragonPass card, you will need to pay to access any of their lounges.
Code SUMMER2020 gets you a 20% discount on a No1 Lounges gift voucher. This can be redeemed for a future visit by yourself or whoever you choose to give it to. There are two sorts of gift voucher you can buy – either entry to a specific lounge or a £20 or £50 credit towards any lounge visit.
Code CHAMPERS21 does not save you any money but does get you a voucher for a free glass of champagne to enjoy whilst in the lounge.
Both codes expire on 31st October. The champagne offer is for lounge visits up to 30th April 2021. It includes all No1 Lounges, Clubrooms and My Lounge sites in the UK.