Re: Qantas denies pocketing $100 million from card surcharges
They would also be able to strike a deal with amex and diners simular to major retailers
On the other hand, the credit card companies would probably be in the cat birds seat, since they know the airlines rely on it so much more than any other retailer. How many air tickets are sold these days in cold hard cash? They know this.
Also, airlines are probably the ones that have to handle reversed charges the most with these companies. Seeing as companies don't like their money being d***ed around (as too the airlines), they are probably again jockeying for a bit more out of the airlines.
Besides, what is an airline to do? "Get me a better deal or we won't offer this credit card?" And what would AFF do if QF suddenly decided they won't accept Amex? Who will be the
real losers?
Me either. I'm a firm believer in that the (hidden) costs associated in handeling cash for a large organisation would outweigh the 0.XX% direct charge by a bank to electronically process a CC transaction!
Again, there isn't much cold hard cash to handle! But, I agree with you. If need be, raise the damn ticket prices and cover them in that! The whole argument of surcharging only those that use particular instruments because its equitable is a farce; especially when the set of instruments that are surcharge-free is very small, if not non-existent.
The calculation method is a bit off. Makes a lot of assumptions.
What is the fee for
Virgin Australia International surcharge?
In all honesty, per sector fees would be more frustrating, plus the JQ fees full stop.
VA's charges aren't much off QF.
For domestic, VA charge $4.50 per pax per sector (i.e. a two sector booking attracts a $9.00 charge). For international, it's $7.00 per pax per shorthaul booking and $25.00 per pax per longhaul booking.