Alanslegal
Senior Member
- Joined
- Jun 22, 2007
- Posts
- 5,238
Poor Irene doesn't like the idea of FF status!What a sad world we have created when you FF Status is something to protect and be proud of. Shallow, egotistical nobodies in search of yet another freebieCommenterIreneApril 11, 2012, 12:01PM
Poor Irene doesn't like the idea of FF status!
Poor Irene doesn't like the idea of FF status!
She probably didn't get the double SC offer from QF and is feeling unloved.:mrgreen::mrgreen:.
Cheers
N'oz
My favourite comment was the guy saying he just gets gift cards because it works out better value than flights <whomp-whomp>
Poor Irene doesn't like the idea of FF status!
However, the whole frequent flyer lurk changed forever about a decade ago when the concept of “free” flights was abolished with the introduction of “taxes and charges” having to be paid whenever a redemption was made. On a route like Sydney-Los Angeles, those fees could amount to a third of the cost of actually buying a discount seat without using frequent flyers.
As airlines including Qantas have periodically devalued points to reduce the airline’s contingent liability in unredeemed rewards, the past decade has also seen average fares paid (“yields” in industry lingo) go down and the average percentage of seats filled (the load factor) has had to rise to compensate. With load factors now in the 80 to 90 per cent range, that means there are fewer seats than ever allocated to frequent flyers.
Qantas went first with a further skewing of points values by introducing status credits where the more you fly and the more you (or your company) spends on air travel, the greater the rate at which you earn points.
“The true value of points is well disguised thanks to a complicated set of algorithms that the airlines use to determine how much status you earn from a flight, as well as how many points you burn through when using them,” Amanda Bryan reported in the Sydney Morning Herald earlier this year.
At the top end, Borghetti is even now talking of a Chairman’s Lounge-style “product” at Virgin to match the exclusive Qantas lounge network used to pamper high flyers in business and politics.
But at the bottom end, people trying to accumulate points travelling infrequently down the back of the plane and sticking with one supermarket brand to buy petrol and groceries are arguably being forced out of the game.
Someone in the airline business mused a few years ago that Qantas was becoming more like Virgin and Virgin was becoming more like Qantas.
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