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Bank of America and Other Companies Step Up

TempBank of America and other companies are lending support following Hurricane Harvey. In addition, Houston-area companies have been generous in giving employees time off and resources to get their houses and lives back in order, as much as possible. A Wall Street Journal article questions how long this generosity will last, but for now, employees have some much needed help.

Airlines in Florida have capped or reduced fares for people needing to evacuate, which of course, is the right thing to do. We saw businesses practice price gouging during Harvey, and the publicity wasn't good. 

During Hurricane Irma, JetBlue, for example, dropped fares to $99 or $159, and American Airlines and Delta promised to keep lower fares through September 15. This will be helpful to people returning to the area and to others traveling to help.

Delta corrected at least one issue and blamed Expedia for listing a high price. A customer tweeted, "Shame on you @delta. Jacking from $547 to over $3200 for people trying to evacute (sic) responsibly?" Delta corrected the problem for this traveler and a spokesperson told BuzzFeed, "When they reached out directly to Delta, she was given a much lower fare. We’re looking into why Expedia listed that price, but it was not the correct fare. We have not increased any fares in response to the hurricane. In fact, as the storm approach we reduced the price level of our highest fare."

Image source.

Discussion:

  • What other positive examples have you seen from businesses?
  • What do you see as the role of business during a natural disaster? What are the advantages and downsides of businesses getting involved and offering help?