CaptJCool
Established Member
- Joined
- May 31, 2012
- Posts
- 3,959
Some of this is predicated on the actual pool of points sitting on the sidelines as RRIA Revenue Received in AdvanceI see three potential solutions to this demand and supply problem.
1. Qantas drastically reduces or stops issuing new points
2. Qantas converts a lot of its revenue seats to classic reward seats
3. Raise classic reward redemption rates
Qantas is a for-profit company so realistically options 1 & 2 are out. Which leaves option 3. Not good for consumers but they will forgive and forget.
It’s been heading ever upward and is UNTAXED until such time as it’s actually used to but toasters or seats
The revenue margin is also healthy
So there is some wriggle room in all this
The other issue perhaps is more and more members vying for the same seats. More and more partner programs vying for the same seats
We are also coming off COVID with pentup demand
So if you want to go to Shanghai well plenty of Y POINTS SEATS there