Originally Posted by
craigthemif
You devalue when cabins are full and you need to ration the seats by charging more miles. TK flights are half-empty, and it will only get worse with the electronics ban. If anything there will be more reward promos so that at least M&S members will pay some surcharge.
No, you devalue when your profit margins get squeezed.
The people who are only going to qualify for E+ on the basis of a double/quadruple mile promotion will drive down TK's average revenue metrics for each tier, while the cost of serving each tier will rise as more members get higher status.