Instead, airlines are offering flexible flying within a finite period of time, like months or a year. Or, customers may have to fight back for their unlimited offer, as one California Bank of America customer successfully did last month after a number of bank acquisitions took place. according to the Centers for Disease Control, who may be savvy with arbitrage opportunities. "Lifetime" offers from airlines or any business are rare these days, as companies run the risk of losing money from customers, now with a life expectancy of 78.5 years in the U.S. The airline claims he sometimes picked out strangers at the airport and gave them surprise first-class upgrades with his companion pass, including a woman he just met in New Delhi for a trip to Chicago, valued at nearly $7,500, the newspaper reported.Ī spokesman for American Airlines said the company did not cancel the AAirpass product, though it did discontinue selling the lifetime AAirpass.Īmerican Airlines offers one AAirpass product in the market today, which provides pre-paid, unrestricted travel at a fixed rate. In July 2004, he flew 18 times, visiting cities as far as Nova Scotia, New York, Miami, and London, "some of them several times over," the Los Angeles Times reported. Rothstein, 61, has accumulated more than 30 million miles. The next year, American Airlines stopped selling unlimited lifetime passes altogether. In 1990, American Airlines raised the price of an unlimited AAirpass with companion to $600,000, The Los Angeles Times reported. But after the airline realized it was losing more than $1 million from Rothstein alone, not to mention the other 65 pass holders, the company revoked his AAirpass, spurring ongoing litigation about whether he and others abused the system or if American Airlines just made a bad business bet.
Steven Rothstein was treated like royalty after he bought unlimited first-class travel for two with American Airlines in 1987 for $250,000. But that's not stopping other airlines from extending unlimited flying offers. — - American Airlines "unlimited" first class travel program offered an "all-you-can-fly" lifestyle to 66 AAirpass holders, some of whom lived it up so much that American had to stop the program, igniting a rash of lawsuits.
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