Although the rise of airline loyalty programs is tied to the process of deregulation of passenger air transport, the role FFPs has changed over the decades. A snapshot of genesis, economics and evolution of these programs remains presented in an essay serial available upon Expertise section.
The whole test is divided into three part. The first article describes the FFP history, economics and evolution in brief. The second one provides readers with basic economics of airline loyalty programs both on the accrual as well as redemption side. The last part presents the current role of airline loyalty programs which seems to differ on each coast of the Atlantic Ocean.
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