Lifetime Free 1st Class Air Travel Pass: A Disaster

Summary

Use NordVPN to stay secure online and to enjoy unrestricted global internet: https://nordvpn.com/sidenote Use the coupon code 'SIDENOTE' to get 70% off 3-year plan + 1 month free ———– Help me make more videos – https://www.patreon.com/SideNote In 1982, American Airlines […]



Use NordVPN to stay secure online and to enjoy unrestricted global internet: https://nordvpn.com/sidenote Use the coupon code 'SIDENOTE' to get 70% off 3-year plan + 1 month free ———–
Help me make more videos – https://www.patreon.com/SideNote
In 1982, American Airlines had an idea to offer a lifetime free first-class air travel pass to its wealthiest customers. The scheme was called the AAirpass scheme. The person holding this pass could fly on American Airlines at any time it wanted, to any destination it wanted, for as many times it wanted, for the rest of its life after paying a one-time fixed membership fee. Two men – Steve Rothstein and Jacques Vroom bought these passes to used them to an extent that it ultimately killed the scheme. The entry price of the pass was set to be $250k – adjusted to inflation – around 700k dollars in today’s money ————————————————————— Thanks to my friend Alec for narrating my videos. Check out his channel here -https://www.youtube.com/channel/UCsSR… Follow the channel on these platforms to get updates about new uploads Support channel on Patreon – https://www.patreon.com/SideNote
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