Sunday, October 1, 2023

Delta’s SkyMiles debacle can make flying better

This is the Theme of the Week edition of Bloomberg Opinion Today, a digest of our top commentary published every Sunday. Follow us on Instag

This is the Theme of the Week edition of Bloomberg Opinion Today, a digest of our top commentary published every Sunday. Follow us on InstagramTikTokXThreads and Facebook.

If you're an air traveler who likes racking up the perks of frequent flying, last month's news that Delta Air Lines Inc. was making changes to its SkyMiles program probably lit up your social media feeds. Maybe Delta didn't go about things the right way — its CEO has already said the company probably went "too far" and will revisit the revamp — but Nir Kaissar says SkyMiles wasn't paying off for the airline (or a lot of consumers) anyway. He has a solution. Watch the whole thing here.

More Airline Reading:

What Else We're Watching

It just got even harder for working parents to find affordable day care for their kids: $24 billion of pandemic-era subsidies propping up US child-care providers have expired, affecting 3 million kids. That's called the "child-care cliff." Women's participation in the labor force, which recently reached an all-time high, may fall right off it.

After working moms got hammered by day care and school closures early in the pandemic, a combination of day care and school re-openings and the flowering of remote, flexible work helped spur the highest-ever workforce participation rate for women with kids. And child-care credits were absolutely critical to making it happen. It would be unbelievably short-sighted to shove that progress off a cliff, Sarah Green Carmichael explains in our latest video.

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