FlyerTalk Forums - View Single Post - Are all "points as good as cash" loyalty programs inevitably doomed?
Old Feb 17, 2015 | 11:32 am
  #28  
zkzkz
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Join Date: Dec 2007
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Originally Posted by mia
System-wide load factors are in the low 80% range. There are still a substantial number of unsold seats to accommodate last minute walk-up sales, awards, employees, and irregular operations.
Well some airlines are run better than others. All I can say is it's been a long time since I've seen more than a handful of empty seats on a plane.

Total load domestic factor for 2014 was 84.58%. The peak was July with a non seasonally adjusted load factor of 87.78%.

As you point out there are a number of reasons airlines might want to keep those seats available so they can profit from walk-up sales and deal with irrops effectively. I don't know exactly what point flights are "full" for the purposes of saying awards are necessarily forgoing revenue but observing airline behaviour with restricting availability and devalueing programmes I suspect we're reaching it.

Keep in mind that prior to 2001 total load factors were around 70% and off-peak loads dipped to around 60-65% regularly. That was the environment the FF programmes we enjoy today were crafted in.
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