Originally Posted by
kittiyut
What does "Have less award availability in C and F and more revenue pax" have to do what making a carrier more "premium"?

Itīs more like the other way around.
If TG offered a top-notch product, they would most likely attract more revenue pax and award availability would be much more limited.
However, artifically restricting award availability of course doesnīt make TG a premium airline.
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As mentioned above, TG doesnīt offer the very best product in the sky, but the product is decent and the value proposition even as a paying F pax is excellent. You can often get Europe-BKK-SYD for >$6k in F while LH/LX charge 2x-3x as much.