Ann Coulter may be one of the most-hated women in America (by half the country, anyway) but that doesn’t change what happened with her and Delta.
She paid for an assigned and premium seat. She was assigned that seat. The airline then moved her to give that seat to someone else.
Folks, this isn’t “overbooking”, but it is fraud.
Contract of carriage or no, the facts are simple in this sort of situation. Today airlines do not give you assigned seats until you get to the airport unless you pay an extra fee. That is, an assigned seat is no longer part of your “base fare”, it is an explicit service for which you pay.
Once you’ve paid you’ve had offer, acceptance and an act in furtherance of performance has taken place.
That’s a binding contract — period.

This post was published at Market-Ticker on 2017-07-23.

The butterfly effect is the concept that small causes can have large effects. Initially, it was used with weather prediction but later the term became a metaphor used in and out of science.
In chaos theory, the butterfly effect is the sensitive dependence on initial conditions in which a small change in one state of a deterministic nonlinear system can result in large differences in a later state. The name, coined by Edward Lorenz for the effect which had been known long before, is derived from the metaphorical example of the details of a tornado (exact time of formation, exact path taken) being influenced by minor perturbations such as the flapping of the wings of a distant butterfly several weeks earlier. Lorenz discovered the effect when he observed that runs of his weather model with initial condition data that was rounded in a seemingly inconsequential manner would fail to reproduce the results of runs with the unrounded initial condition data. A very small change in initial conditions had created a significantly different outcome. – Wikipedia
On this day in history, June 28, 1914, the driver for Archduke Franz Ferdinand, nephew of Emperor Franz Josef and heir to the Austro-Hungarian Empire, made a wrong turn onto Franzjosefstrasse in Sarajevo.
Just hours earlier, Franz Ferdinand narrowly escaped assassination as a bomb bounced off his car as he and his wife, Sophie, traveled from the local train station to the city’s civic city. Rather than making the wrong turn onto Franz Josef Street, the car was supposed to travel on the river expressway allowing for a higher speed ensuring the Archduke’s safety.

This post was published at Zero Hedge on Jun 28, 2017.

Jes Staley has apologised to Barclays shareholders for the ‘error’ that the bank’s chief executive admitted he had made in trying to uncover the identity of a whistleblower.
Seeking to take the sting out of the bank’s annual meeting on Wednesday, Mr Staley said: ‘I feel it is important that I acknowledge to you – our shareholders – that I made a mistake in becoming involved in an issue which I should have left to the business to deal with.’
‘I have apologised to the board, and I would today like to apologise to you as well, for that error,’ said the 60-year-old American who was hired to run Barclays in December 2015.
The Barclays board has given Mr Staley a formal reprimand and promised to cut his pay by a ‘very significant’ amount for ordering the bank’s security team to try to identify a whistleblower who had made allegations about a recently recruited colleague.

This post was published at Financial Times