Major changes to Velocity Frequent Flyer announced 17/10/24

[JohnK]

I think they are okay changes, provided they vastly improve the product (lounge & onboard), that is the big question!
Even on DSC for many who were chasing status, this is a huge drop when on a discounted fare.
I posted an example of this yesterday, such as the current $319 J MEL-OOL currently earns 80 status credits, under the new $ based earn, this will be 26 status credits.
Even under DSC (52), it's still far less than the current 80 without DSC.
Many will find it impossible to maintain their status after these changes, but that is clearly the plan, they want to award status to genuine high $ customers.

These sweet spots just like Qantas Any Seat awards 10-12 years ago are the cause of the problem that Virgin is now trying to fix.

I recently booked OOL-SYD return for 3 of us for $750 earning 90 SCs which is only marginally more than the one you mention above. I'm not even going to try and work out many SCs that would be in the new system.

Note that Qantas has had a few similar changes over the years that have neither imqproved lounges or onboard product. I cannot see that happening with Virgin either and all they'll manage to do is make loyal customers angry.