Qantas extends current status Until at least March 2021

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For the airline - it's about not losing you to a competitor.

Qantas is trapped. They need to keep extending or take the revenue hit.

Agree - this is nothing to do with looking after the passenger, everything to do with QF's bottom line in future.

Not only is there a risk of losing you to a competitor, but they also want to get people converting air fares to credit vouchers rather than a cash refund. Locking in your status will make some choose the credit rather than cash.
 
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Agree - this is nothing to do with looking after the passenger, everything to do with QF's bottom line in future.

And to add to that, if people think they have been looked after/ that loyalty means something, then they will be more likely to stick with QF for longer (for those who have choices on the airline they fly)
 
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I don't think even Qantas will have decided yet, but I'm sure they will do something nearer the time.
 
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