Delayed IPO for QFF? / Qantas delays frequent flyer float

[HardieBoys]

There's an article in today's Australian (Frequent flyer float may be grounded | The Australian) discussing the implications of the global financial crisis on the mooted IPO of the Qantas Frequent Flyers program.

 

[comint]

Probably a good thing for those of us who like our "flyer status".

I imagine that once ownership changes; there will be a bit of pressure brought to bear on "recognising" those FF members who bring in the most points, from any means, not just flying!

 

[coyote25]

Qantas delays frequent flyer float

No surpise really given the current market but two reports today confirm that QANTAS is deferring the QFF float

Qantas defers Frequent Flyer IPO - Breaking News - Business - Breaking News

and

Qantas Airways suspends frequent flyer float

Market volatility has prompted airline Qantas to defer the minority float of its frequent flyer program until first half 2009.

 

[JohnK]

Given the uncertainty of the financial crisis this sounds like a great idea. Either way my guess would be a privatised, stand alone, QFF program is not going to be of any benefit to the frequent flyer....