Piloted by an F-18 fighter pilot, we see just what the Boeing Dreamliner can do when put to the test. Stretching the aircraft and pushing it to the limit of its ability, the pilot guides the 787 to climb and soar at a degree and rate that passengers (hopefully) will never experience.
Boeing has been working to get the 787 Dreamliner back in the sky after two battery-fire incidents in January forced the FAA to ground all 50 of the 787 models operated by commercial carriers worldwide.
Battery testing complete, it is now up to the FAA to say when the aircraft can be retrofitted and returned to service. In addition to the 50 grounded planes, 20 more sit on Paine field in Seattle, waiting for delivery.
Figures from the UN World Tourism Organization revealed the Asian country has dramatically upped its travel spending, with last year’s expenditure up 40 percent from the prior year.
The organization credits China’s increased spending to the growing numbers of people entering the middle class.
According to the BBC, not only are the Chinese dedicating more money to travel, they are also shifting their spending habits. Instead of taking organized tours and joining busloads of other tourists, more and more Chinese are hiring cars and traveling independently.
However, one thing hasn’t changed – the Chinese still love to shop. Purchasing souvenirs and luxury goods remains high on the list of favorite travel activities.
Other emerging countries have also shot up the list. Russia’s travel spending increased by more than 30 percent last year, boosting the country to fifth place.
The United States came in at third place behind Germany, with tourism spending totaling just under $84 billion dollars.
If a tax refund is headed your way, common recommendations include paying off debt; making a major purchase and paying cash, rather than putting it on a credit card and other assorted common sense moves. Travelers can benefit too by using some of the same thinking about what we spend on airline tickets, cruise fare, gear and more.
“Set aside some money for vacation rather than using your credit card and paying interest long after you have returned,” financial experts suggest at Kiplinger in “Ten Smart Uses for Your Tax Refund.”
Looking beyond financial guru tips that can include beginning or adding to a retirement fund, throwing much of that refund into the never ending bog of student loans, maybe some immediate feel good uses would be appropriate also.
Load up travel cards and accounts
Going to be traveling sometime this year? Load up pre-paid travel cards, perhaps a gift card received as a gift that has a few dollars left but was handy to use at the time. Starbucks cards, gas cards or hotel cards some to mind.
MasterCard’s Travel Money Cards are handy. While you have the cash, avoid worrying about it down the road, in several ways with the MasterCard version or one of a number of other cards.
Registering your pre-paid card protects travel funds in case the card is lost or stolen, with no liability, just like a credit card. Starting with a nice chunk of cash from your tax refund, then add to it between now and travel is a good way to save too.
I do this with a dedicated card that is just for my travel fund and believe me, adding to and carrying my “travel card” is a whole lot more fun than a savings account up front. On the backside, eliminate post-travel blues of a new payment to make on a credit card too.
Known Expense Buys
Thinking ahead here is the key.
If, on your last trek through the mountains, one of the last thoughts was “I’m going to need to replace this old backpack before I go again,” but travel is not happening until the fall, get ahead of the game. Buy it now and buy it wisely. Shop and compare various sources with plenty of time, looking for a sale price on the perfect gear.
That works for just about anything and even small items like socks, shoes or more of the pre-paid cards noted above are fair game also. On cruise vacations some travelers choose to pre-pay shore exploration packages, gratuities or beverage packages that can add up quickly on a cruise ship.
Looking ahead to more efficient travel and making the buy you have been putting off is a good idea too. Time for a new digital camera? Buying before the peak travel months this summer can often find lower prices on models those going on vacation are apt to buy.
Buy Now, Travel Later
Cruise lines – between wave season (the busiest booking time of the year) and summer buying season (when many travelers finally get around to booking) – have some of the best deals around right now.
Carnival Cruise Lines Friends And Family event, just extended through the end of the month, offer the best rates we have seen so far this year with maximum upgrades and lower fares. Often, it’s one or the other.
Celebrity Cruises 123 Go offer new bookers a choice of a free beverage package, free prepaid gratuities or free onboard credit if booked before April 15.
Princess Cruises Spring Into Savings Sale has big savings on Europe cruises and Alaska cruises and up to $100 onboard spending money and up to $500 air savings per person. Seven-day Caribbean sailings and seven-day Alaska Inside Passage sailings are also on sale.
Not just the exclusive domain of cruise vacations, other travel options like hotel packages, resort stays and prepaid expenses at destinations around the world are possible too. In Rome, for example, a taxi ride from the air or cruise port can be arranged and paid for in advance. So can tour packages separate from cruise line offerings or hotel-suggested tours, both of which have some of the cost going right back to the source that suggested it.
Beware Of Bargains
Knowing that a great many Americans get a tax refund in the second quarter of the year, sellers of travel and travel-related services feature package deals with refund-laden travelers in mind.
Many are a great value, bundling airfare with car rental and hotel, cruise or resort packages. Some are scams that lie in wait for us to receive that chunk of cash, so check with your trusted travel source or Better Business Bureau before buying.
Bonus Tip: there really is no “Royal Cruise Line.” That’s an old scam by online thieves to get “just $99” to pay the tax on your otherwise-free ride.
Some taxpayers even make spending their refund on travel an annual event. This video shows a bunch of travelers on their third annual tax refund trip.
Here’s some good news for air travelers: The New York Times is reporting the Federal Aviation Administration (FAA) may soon loosen its rules around the use of electronics during takeoff and landing.
The change, however, will not affect cellphone use. Instead, it applies to reading devices such as iPads and Kindles.
Anonymous employees at an industry group the FAA set up last year told the news outlet the governmental agency is under tremendous pressure to either allow use of these types of devices, or provide significant evidence why they cannot be used. According to multiple sources, there is no proof these types of devices affect a plane’s avionics.
According to the report, the group has been meeting with key companies, including Amazon and the Consumer Electronics Association, since January. It’s likely the FAA could make an announcement about the relaxed rules by the end of the year.
The group also told The New York Times that the FAA hopes to replace multiple regulations with a single, concise set.
Missouri Senator Claire McCaskill said she planned to hold the agency accountable by introducing legislation surrounding the new rules.
“So it’s OK to have iPads in the cockpit; it’s OK for flight attendants – and they are not in a panic – yet it’s not OK for the traveling public,” Senator McCaskill told The New York Times in a phone interview. “A flying copy of ‘War and Peace’ is more dangerous than a Kindle.”
Planning a road trip anytime soon? Odds are the price of gas is a consideration if not a major concern. As gas prices continue to rise, travelers are looking for new ways to save. Tuning up the car, using smartphone apps to find the lowest price around, inflating tires properly and other money-saving measures can help. Using the right credit card can gain big savings too.
The current national average is $3.78 per gallon – nearly 14 percent higher than it was at the beginning of the year – meaning that gas prices exceed $4 per gallon in some states. Having the right credit card can help. But which to choose? Of the two types of credit cards – gas station-affiliated cards and generic gas cards- there are more than 1000 offers out there right now.
“The credit card market continues to offer surprisingly lucrative gas rewards without requiring consumers to fill up at one particular station or another,” says credit card authority Odysseas Papadimitriou, former Capital One executive and CEO of Card Hub, a credit card rating organization that just released its list of the Best Gas Credit Cards.
According to Card Hub, generic cards used for gas can produce some of the best savings.
The best generic cards? Pentagon Federal Credit Union Platinum Rewards Card – This one offers those who pay at the pump points equivalent to 5 percent cash back on gas at any station plus 3 percent cash back at supermarkets and 1 percent on other purchases. While the card has no annual fee, belonging to PenFed Credit Union costs $15 and members do not have to be affiliated with the military.
Blue Cash Preferred Card from American Express – This card gives 3 percent cash back at gas stations, 6 percent at supermarkets and 1 percent everywhere else. The $75 annual fee is offset by a $150 initial bonus for spending $1,000 in the first three months.
TrueEarnings Card from American Express – Costco members get 3 percent cash back on gas purchases up to $4,000 (1 percent thereafter), 2 percent at restaurants, 2 percent on travel and 1 percent on everything else.
But what about gas station-sponsored cards?
“When it comes to choosing a station-specific gas credit card, it’s important to remember that value is inherently conditional,” says Papadimitriou. “In other words, you’ll have to get gas at the right station and oftentimes spend a certain amount each month or year in order to qualify.”
The best gas station cards include:
Marathon Credit Card – This brings a 25-cent rebate, but the offer has a catch. That $.25 is for each gallon of Marathon gas purchased during months a cardholder charges at least $1,000, $0.15/gallon for spending between $500 and $999.99 and $0.05 for spending less than $500. This card does not have an annual fee or an initial bonus.
Chevron & Texaco Credit Card – This card provides a $0.30/gallon, up-front discount on Chevron and Texaco gas for the first 60 days after opening the account. After that, you get $0.20/gallon off during months that you spend more than $1,000 in qualifying purchases and $0.10/gallon off when you spend $300-$1,000. Qualifying purchases include most charges made with your card with a maximum of $300 in discounts each calendar year.
Card Hub also notes other ways to save on gas, like shopping at certain grocery stores. Kroger, Safeway and others offer discounts at affiliated gas station chains based on how much you spend at their stores. For example, spending $100 at Safeway will save you $2 on the next 20 gallons of ExxonMobil gas you buy.
That idea is especially powerful when travelers combine it with the respective station’s co-branded credit cards.
Looking for other ways to save on gas? Check out this video: