If you're going to dismiss other award programs as a relevant points of comparison because it is difficult to attain points in that program, then you also have to dismiss the cash price as a relevant point of comparison because the 'average QFF member' would never spend $20,000 on a single airplane ticket.
They're both meaningless comparisons by this logic.
If we're speculating about the 'average QFF member', my guess would be that they collect frequent flyer points in the expectation/hope of a free flight. Having to pay $600 each way for their award flight means it is far from free — indeed, it now costs approximately the same as a cash economy ticket — and, therefore, not a bargain. Especially after they have likely paid hundreds of dollars in credit cards annual fees to attain those points or foregone hundreds of dollars in savings on their Woolworths shop by choosing points over cash back.
There are plenty of average QFF members, certainly that I know, who have the means to pay $20k for an F seat, where it would not impact their finances and lifestyle. Yet they don't, because they can't justify it. They will and do pay $600 in taxes.
Plenty of revenue F pax book the F cabin, too. This is neither new nor a surprise that people pay for F.
If you had to pay $600 either way, and had the choice of Y vs F, then F is still a bargain.
QFF points are not a transferable currency to AS/AA, that's the point.
It's not like converting AUD to USD.
If you have plenty of AUD and want to buy the same product via a cheaper USD channel, you can easily convert to USD through various means where there is no barrier to entry.
If you have plenty of QFF points and want to buy the same product via a cheaper AS/AA channel, the absence of the alternative currency is the barrier to entry.
The cheaper taxes of an AS/AA redemption for a QFF member wanting an F seat is irrelevant to them because it is unavailable to them - the most important issue is whether they get the ticket or not.
You clearly have forgotten this is a QFF thread. If you want to compare programs with different parameters, start a different thread.
Oh sorry I didn't realise I had to respond to the demand of answering your questions...
Greed is doubling carrier charges and charging significantly more than all other carriers and reward programs on the exact same routes. Fiji, American, United - all lower.
I never said people are currently disengaging - people WILL disengage if there is no outsized value for the effort involved and limited availability compared to just paying for flights.
There's still a huge pile of Business/First Class seats available to Europe and America from their recent points planes....perhaps people are already baulking at these prices.
The point is if you participate in a forum such as this and cannot properly respond, you have nothing to offer and shouldn't be a part of this society.
According to you, greed is 2.0x carrier charges. That means 1.9x carrier charges is not greed.
What does "significant" mean and why is it defined by you?
You would be perfect for the Occupy movement, protesting against corporate greed. See where that got them
