I would prefer this policy to the policy when senior executives/board members are allowed to book C if the flight is longer than 2 hours while for everybody else rule is that they can book C only if the flight is longer than 10 hours and they already took two flights in Y in the calendar year for longer than 10 hours.

P.S. seems some in this forum think that travelling in C is fundamental human right. It is not.

P.P.S. Finally, travel policy does not really matter, other things matter more. I discuss with the upper management what are goals/deliverables for the year and I need to make it within the budget. Job requires 4-5 TPAC flights per year and all are in Y. Would I change this to a job which gives me 30% more income, with travel in C, but need to send timesheet every day, take crap from management and wake up in the middle of the night thinking what would happen if I won't make my quota?

No thanks, already had that.