Qantas Points Planes on SYD-LHR/LAX in November 2021

[Mrmaxwell]

Why is it we have the same discussion month after month and year after year?!

So people can up their post count of course

 

[Vic]

The Y+ fare was a classic award, the others looked like any seat awards, with 3 times as many points to fly Y as Y+! The J cash fares LHR-SYD were about £5,300 when they were available, so on my reckoning a point redeemed on the Flex J fare was around worth around 7/10 of a cent. You'd want to be pretty keen to bin your points.

Yes, sorry, I missed the premium classic award bit.

Why is it we have the same discussion month after month and year after year?!

I just stated a fact, (partially correct as it turns out). not looking for a discussion.

Maybe it comes up all the time because the Qantas website is so poor when it comes to easily searching for awards?

edit
If others think I'm trying to up a post count maybe they should reflect on posting such a ludicrous off topic comment.

 

[serfty]

So people can up their post count of course

I doubt that - it is generally more as @Vic indicates:

because the Qantas website is so poor when it comes to easily searching for awards?

I am thinking "Hanlon's Razor" ... ... or maybe ...

Also, not every member is completely aware of the nuances of booking award travel with QFF, so they ask the questions which should be encouraged.

 

[justinbrett]

I doubt the balance sheet liability is much more than 0.05c/point, so a classic business one-way award might only be $750 to their bottom line, versus circa $7500 for a paid fare.

But how much did it make selling those points to credit card companies

Qantas said its loyalty program is what kept it afloat during Covid.

 

[bulldog88]

But how much did it make selling those points to credit card companies

Qantas said its loyalty program is what kept it afloat during Covid.

I haven't seen QF disclose much about their FF accounting

I guess they sell points to banks at , say 1c/pt, then part of that 1c/pt is immediate profit, and the rest is deferred until the points are used / expire / member dies. And I guess the banks are able to prepay QF for xx_ million points at a discounted price, so QF gets more upfront profits.

I definitely don't think QF is paying $100 when someone redeems a $100 gift card , in the same way that Coles probably doesn't pay $100 for the various $100 gift cards they sell in supermarkets. Otherwise they wouldn't bother selling them.

Did QF extend the 18 month inactive account expiry to allow for Covid travel disruptions ? Or are inactive accounts (as they expire) a needed source of QF revenue ?

 

[bulldog88]

Also, not every member is completely aware of the nuances of booking award travel with QFF, so they ask the questions which should be encouraged.

I wonder how many people book an award listed in the Business or First column, then are peeved when they find themselves sitting in Economy for all but 1 of their flights.