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My First Up and Coming Status Run

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nige_perth

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May 21, 2010
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So, I've been allowed to spend the weekend flying, thanks to the other half.... :0)

He thinks I'm mad.....and im tending to agree ....

The trip is as followed.

PER-SYD-BNE-NAN-SYD-ADL-PER for $2065 netting me 840 SC as I have the double promo

A330-300,737-800,737-800,747-400,767-300 AND 737-800 not the best aircraft I know, but very limited time....

Departing PER 12:05 Sat 26/05 arriving back in PER 19:15 27/05.....

Biggest concern is arrive NAN Sunday 27 May 05:25 and depart at 9.00am 3hrs.and35 mins after arriving.


Wish me luck..
 

bodog

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Good effort
So whats the end game target? - WP?
 

pmdg7444

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be prepared to explain to the Fijian government your reason for visiting!
 

bodog

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the reason is .... WP one :)
Great - I've used the Double SC offer to qualify for WP for the first time - had to do a couple of status runs but nothing quite so bold as yours.
My "one dayer" is a 6am Depart Syd-Mel-Alice Springs-Syd-Bris-Syd returing at 10pm in J class for 520 SC's, then I'm doing a Syd-Sing-Syd in J Class over 4 days for another 480SC's.
Well done with your effort though
 
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dukkha

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the reason is .... WP one :)
Fighting for wp1 is, as Keynes said, a capitalist's "animal spirit". But a justified return is highly doubtful.

According to natural law of diminishing return and disappointing reports of wp1, your $2000 weekend will a) have no residual value next year, b) propably require you to invest another $2000 same time next year to retain wp1, and c) yield little more benefit than:

1. Invest in Facebook ipo, the share price tumbled 20% last few days nevertheless it will still have some residual value same time next year.
2. Invest in Qantas share. The share price collapsed over the last few years while paying no dividend. The bottom line is, still, you got a chance to shout and yell at Mr. Joyce once a year at Qantas AGM.
3. Invest in Qscr 90 day term deposit of 5.80%. This is currently the highest term deposit rate at the market. The risk of losing your capital is almost zero. You can always ask for your money back earlier while renouncing the interest payment, should emergencies happened.
 

JessicaTam

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How long are you transiting SYD on the 27th? I am in the J lounge from 1440 - 1530 if you want to share tales of your jet lag.
 

drewbles

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Fighting for wp1 is, as Keynes said, a capitalist's "animal spirit". But a justified return is highly doubtful.

According to natural law of diminishing return and disappointing reports of wp1, your $2000 weekend will a) have no residual value next year, b) propably require you to invest another $2000 same time next year to retain wp1, and c) yield little more benefit than:

1. Invest in Facebook ipo, the share price tumbled 20% last few days nevertheless it will still have some residual value same time next year.
2. Invest in Qantas share. The share price collapsed over the last few years while paying no dividend. The bottom line is, still, you got a chance to shout and yell at Mr. Joyce once a year at Qantas AGM.
3. Invest in Qscr 90 day term deposit of 5.80%. This is currently the highest term deposit rate at the market. The risk of losing your capital is almost zero. You can always ask for your money back earlier while renouncing the interest payment, should emergencies happened.
You're just a killjoy though ;)

Seriously if the OP wants P1, go for it. You only live once.

We're not in the business of being logical or rational around here most the time. I mean look at our hobby ;)
 

JessicaTam

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Fighting for wp1 is, as Keynes said, a capitalist's "animal spirit". But a justified return is highly doubtful.

According to natural law of diminishing return and disappointing reports of wp1, your $2000 weekend will a) have no residual value next year, b) propably require you to invest another $2000 same time next year to retain wp1, and c) yield little more benefit than:

1. Invest in Facebook ipo, the share price tumbled 20% last few days nevertheless it will still have some residual value same time next year.
2. Invest in Qantas share. The share price collapsed over the last few years while paying no dividend. The bottom line is, still, you got a chance to shout and yell at Mr. Joyce once a year at Qantas AGM.
3. Invest in Qscr 90 day term deposit of 5.80%. This is currently the highest term deposit rate at the market. The risk of losing your capital is almost zero. You can always ask for your money back earlier while renouncing the interest payment, should emergencies happened.
I disagree with the lack of residual value.

If the OP has not attained LTS/LTG then this trip brings that just a little bit closer, a little bit sooner. That is a long term benefit.
 

11sjw

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As the OP hasn't detailed how much they will be travelling next year I'll assume that the level is consistent with the past year. As it is there is near on 2800 SC in the bank so that is a fair whack of travel. If that is to be maintained next year WP1 could well come in handy.
 

dukkha

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I disagree with the lack of residual value.

If the OP has not attained LTS/LTG then this trip brings that just a little bit closer, a little bit sooner. That is a long term benefit.

Frequent flyer program is designed to bring revenue to the air line and the international trend of "enhancement" is service reduction. Just as United phased it's life time member's lounge access out, so too might Qantas be only one step away to phase LTG lounge access out.

WJS published a latest illustration earlier today:
United's Merger Turbulence Hits Elite Frequent Fliers
h ttp://online.wsj.com/article/SB10001424052702304451104577390140073664500.html?mod=WSJAsia_hpp_LEFTTopStories

United Chief Financial Officer John Rainey told investors last week that "we had certain groups in this program that were over-entitled, if you will." With the reduction of benefits to lower-tier elite fliers, he said, "we've realigned the benefits…with what the program participants are actually providing to the airline."
...free access to its United Club airport lounges... [a]fter enjoying the privilege for years, [elite member] now is required to buy an annual pass for $375. On the other hand, United says, the rule change conferred elite-status-for-life on a spouse or companion, a new perk."
LTG worths something if only if Qantas survived longer than OP. It's very hard to justify the benefit for ordinary frequent flyers like you and me.
 

dukkha

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No; it's worth something the moment the holder would normally drop to a lower status.
True but beneficial only if Qantas is not bankrupted and privilege such as lounge access is not phase out. Both are highly likely in the near future.
 

JessicaTam

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I agree that the business rules may change down the track. In fact I would be surprised if they didn't.

We can only work with what we have, though. If the rules change then we will have to change our behaviour accordingly. But for now we take what benefit we can.

e.g I will be WP next week for the first time. I will not reach WP1, so any additional flying with QF will not gain me any additional benefit above WP. But I am happy to fly with QF in the main as it will go towards my LTS/G accrual for when I don't fly enough to maintain status. Each to their own. ;)
 
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