Search results
Location: Dallas · 500+ connections on LinkedIn. View Jacques Vroom III’s profile on LinkedIn, a professional community of 1 billion members.
- 500+
- I've Got A Golden Ticket
- Why Would American Airlines Ever Do this?
- The Benefits of Traveling with A Golden Ticket
- All That Glitters Is Not Gold
- No More 'Free' Rides
- The Aftermath: Who Ripped Off Whom?
- So, Were Rothstein and Vroom Just Greedy?
Sixty-five people got to live the dream. They included baseball legend Willie Mays, investor Mark Cuban, and Michael Dell, founder of Dell Technologies. What do these men have in common? They all hold American Airlines AAirpass cards, which allow them unlimited first class travel anywhere in the world for life. But they weren't the only ones. Among...
The AAirpass program began back in 1981, and, believe it or not, it actually made sense at the time. In those days, air travel was undergoing fundamental changes. In 1978, the Airline Deregulation Act loosened restrictions on new airlines entering the market. The number of people flying every year was going up, ticket prices were going down, and AA...
Rothstein, a successful investment banker, was already a frequent flier when he purchased his lifetime AAirpass in 1987. In 1989, he added a companion ticket for an extra $150,000. As he told theLos Angeles Times, that's when his travel obsession "kind of took hold of me". Over 25 years, Rothstein took a mind-boggling number of flights. According t...
In 1998, Steve Rothstein happened to find himself on a transatlantic Concorde flight with Robert Crandall, the short-sighted president of American Airlines who had created the golden airline ticket scheme way back in 1981. Rothstein sent Crandall a note of salutation. Crandall responded by mailing Rothstein a letter of his own some weeks later. It ...
In 2007, American Airlines was again in turmoil. As a result, they created a 'financial integrity unit' to cut costs. Bridget Cade was assigned to look into the AAirpass program. Cade decided to start with the two biggest travelers on her list: Rothstein and Vroom. She foundthat these two men were costing AA more than $1 million a year each, since ...
Rothstein sued American Airlines for breaching his contract. The rules he had supposedly broken were only added to the AAirpass contract after he had signed, and he furthermore argued that the airline had waived its right to penalize him by ignoring his travel habits for so long. American Airlines sued Vroom in 2011 for selling his seats -- which, ...
Per Rothstein's daughter, Caroline: "The obvious story is that my father was a decadent jet-setter who either screwed or got screwed by American; depends on your take." It's easy to see why. This is a story of comparatively wealthy men getting a plum deal from even wealthier men. It's easy enough to say a) Rothstein and Vroom had their noses in the...
Jacques Vroom III is the Chief Marketing Officer of Worlds Enterprises, Inc. Jacques has spent his career bringing companies, partners, and customers together for mutual benefit.
- Male
- Worlds
Mar 27, 2008 · Jacques Vroom III. Tech innovation, corporate strategy, film and TV production. H.B. 2744, the bill to raise the age from 18 to 21 to purchase AR-style and other semi-automatic rifles, just cleared its latest hurdle to head to the #txlege House floor. Please contact your House Rep to ask them to pass HB 2744.
Contact us at events@freightwaves.com for questions or concerns. © Copyright 2023, All Rights Reserved, FreightWaves, Inc. Speaker bio for Jacques Vroom III, Chief Marketing Officer, Worlds.
Jacques Vroom III Innovation, Technology, Marketing, Entertainment 2y Report this post Important Corporate Counsel position at Starbucks… While I have dedicated the recent portion of my ...
The latest posts from @JacquesVroomIII
