Page 14 - Frequent Flyer Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hospital. delta airlines revamping its mileage program. from now on, it isn't the mileage but money that matters. we will see if others follow suit. david kerley has more. >> reporter: you are already paying more for bags and food. bad news for many travelers. delta is completely overhauling its frequent flyer program. >> you used to be able to earn miles based on the distance you fly. the longer you sit in the airplane seat, the more you are rewarded. now you're going to be rewarded for spending instead of time in the seat. >> reporter: someone in first class and someone in economy flies 49...

Who do you think that will benefit? >> probably the people who get the better ticket. >> absolutely. the business class travelers, first-class travelers, people who say i've got to go on this vacation, as they book their flight at the last metropolitan. why? according to "wall street journal," the top 4% of delta's customers account for about 25% of their revenue, so delta naturally wants to keep those business flyers really, really happy. as for the coach people, like yourself, it's kind of bad luck a little bit. you know what? you can go elsewhere, maybe to a lower-cost airline lie southwest...

Tesla says it's exploring locations in texas, nevada, arizona, and new mexico. the factory aims to drive down the costs of lithium battery and make their cars more affordable. the "atlanta journal-constitution." delta airlines will make a change to its frequent flyer program. i wonder if you could use it now. they will reward customers based on ticket prices rather than miles flown. delta joins jetblew and southwest and have similar programs. experts predict other airlines will follow delta's lead. the change will start next year. you have certain flights you can use and random times and the...

The scheme before it happened. and breaking weather. bundle up, some of the coldest air of the season is moving into the midwest and the northeast, as we approach the start of march in what appears to be a major storm and could dump severity inches of snow toward the enof the weekend. and more breaking news, tourre is stuck in buffalo. some big changes are coming to the frequent flyer program. first of all, don't call it that anymore. delta is vastly changing the results. not necessarily the ones who fly the most miles. to put it simply, miles are out, money is in, guys. let's spin about...

Shop there, their earnings weren't as bad as expected. another high flier was delta. stock at an all-time high. but boy, a lot of outrage over the fact that they're changing frequent flyer program starting next year. your miles will be based on how much you spend for a ticket. not how many miles you fly. so if you buy coach, even if you're flying a long way, you won't earn as many miles. lot of folks talking about that one. we'll be right back. that's it from cnbc. we're first in business worldwide. hey guys! sorry we're late.