3/29/2023 0 Comments Www airpass![]() ![]() He added a $150,000 companion pass two years later. Steven Rothstein, a financier then from Chicago, upgraded to a lifetime AAirpass for $233,509.93 on October 1, 1987, after a discount of $16,490.07 for the value of mileage on a previous AAirpass. The two AAirpass holders including their companion passes were terminated from the program when the airline accused them of fraudulent activity. The program has been called "a huge disaster" for the company. ![]() The airline points to accumulation of air miles for flights which they received for free under the AAirpass, allowing some passengers to accumulate tens of millions of miles as well as taxes and airport fees paid for by the airline. The airline's investigators concluded that two AAirpass holders, Steven Rothstein and Jacques Vroom, were costing the airline more than $1 million annually. In 2007, during a period of financial instability for the airline, American Airlines assigned a "revenue integrity unit" to investigate AAirpass holders. The airline ended sales of the unlimited passes in 1994 except for a one-time offer in the 2004 Neiman Marcus Christmas catalog at a price of $3 million (equivalent to $4,303,911 in 2021) for the pass and $2 million for a companion pass none were sold. The program was launched at a time when the airline was struggling financially and in need of a quick infusion of cash. A total of 66 AAirpasses are reported to have been sold under the unlimited travel conditions, with businessman Michael Dell, Mark Cuban, baseball player Willie Mays, and America's Cup-winner Dennis Conner among those who purchased the passes. Lifetime membership was priced at $250,000, with the option to purchase a companion pass for an additional $150,000. The program (now re-branded as AirPass) initially enabled passholders unlimited first class travel on any of the airline's flights worldwide. Existing unlimited AAirpasses remain valid. A minimum commitment of $10,000 per traveller, per year is required. Today the program no longer offers lifetime or unlimited travel focusing instead on pre-paid fares at a discounted, fixed price for frequent travellers. Pass holders were offered terms of five years or lifetime. The program is best known for a previous offering of unlimited travel on American Airlines and unlimited access to Admirals Club locations. AAirpass was a membership-based discount program offered by American Airlines to frequent flyers launched in 1981. ![]()
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