FlyerTalk Forums - View Single Post - SIA to Introduce Cash & Miles Option
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Old Jul 16, 2013 | 10:30 am
  #4  
WrLdTrvLnIndian
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15 Years on Site
 
Join Date: Mar 2007
Location: PDX
Posts: 997
Originally Posted by leogeo
where is this source from?
SIA Insider, they are being trained as we speak in how to price such itineraries.

Originally Posted by stargold
Are we talking about paying for revenue tickets with miles & cash (i.e. discount on the cash price of revenue ticket by using miles), or paying for redemption tickets with miles & cash (when, for example, not enough miles to redeem award)?

The conversion rate is terrible if it's the former, since you need to redeem 100,000 miles for a base fare of SGD 1087 (barely one-way Y), whereas the same 100,000 miles is enough for a one-way in suites Europe-SIN...
My understanding is that it will work both ways, so when a ticket costs 1087 and u have 50k in your account you would pay 543.5 cash if u choose that route. Whereas for an award redemption you pay with miles and the balance will be as per the conversion above.

That conversion rate will fluctuate a bit given forex changes but not a whole lot.
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