If QF want to improve the experience
Then it needs to address
1. The earn rate
a frequent flyers J & Flexi business
B frequent flyers personal funding
C points club (non-frequent flyers)
D churners
2. The burn
rate
The promised land MIST
v the promised Land MUST
The Senate submissions made it very clear many believed they’ve been sold a DUD with the promised land of future classic reward tics
3. Fare pricing
Don’t know if anyone has noticed but domestic public J fares have dropped significantly in past weeks
Even if still $200 or so more than VA
it’s ridiculous that a one way J fare across Australia is priced at $2,700 -$3,300
There’s some pressure on some routes keeping the back of the plane cheaper. Noting economies of scale don’t work for regional flights (but state govt subsides do)
Personalised Promo codes could be used to offer dynamic discounts
They know lounge access produces improved loyalty but are slow to learn $54 offer for a once off lounge pass when you’ve spent $125-200 on some way ticket is way over-priced.
Y is still overpriced on routes like Adelaide Hobart ($179) when VA & JQ offer under $100
Dynamic pricing that offers cash discounts or double status credits or double points during the booking process would be beneficial
What they did well during Covid
Book one flight to keep status
This was a winner !
The flat $50 off a return flight was a DUD
especially when you’d doubled the prices anyway - a dynamic discount would work better so If you fly Sydney to Perth the offer could be tailored
Keeping the flight credits
My mother could do with the $545 pickpocketed given back to her
Change Fees
Halve, cut them by 70% them or more
In a modern computerised system $99 per passenger is plain and simple highway robbery
International fares
If you can discount $4,000 off the now inflated F fares you can do better
Pre-Covid the return F SALE SYD-LHR was $9,999
4 years later $14,499
What a 50% ride up on just 4 years when CPI peaked at 7%
Classic rewards
Reduce the cash portion
For the average punter increasing points spend to Europe from 192,000 to 216,000 means they need to spend an extra $24,000 at 1 point per $1 spent earn rate
Just so you can save $400 on carrier fees and then we’ve seen EKs voluminous multiple carrier fee price hikes
It was BS then and it’s BS now