So they'll require less points for status qualification, but will reward less points for flights (180 to JFK in J versus current 200) and will require much more points for rewards (4000 to JFK in J vs 3000).
Overall -
And I thought that there can't be any worse than Matmid as it is now... LY always manage to surprise me.
Source -
http://www.elal.com/he/FrequentFlyer...s/default.aspx