Doesn't seem like a particularly useful scheme. Delay rates are about 20% and are defined as anything 15+ minutes. I couldn't find data for delay severity.
A portion of these delays occur after the passengers have already been boarded, rendering the benefit useless. It also seems like you have to register every flight with them and likely update it if you switch flights or standby. I'd rather put the $29 toward paying for a lounge when I actually want to use it.
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