FlyerTalk Forums - View Single Post - Asia Miles Changes effective 22 June 2018

Jul 15, 2018 | 12:30 am

#439

percysmith

Ambassador, Hong Kong and Macau

Join Date: May 2009

Location: HKG

Programs: Non-top tier Asia Miles member

Posts: 22,036

Quote:

Originally Posted by michael2K

this will make CX P/L statement looks better , at least in the short term , and hence the new management team will get a more decent bonus this year.

You may be right

https://www.pwc.com/gx/en/communicat...c13.pdf#Page=8

The only discussion left is how soon KPMG will let CX change their estimations of expected redemption rate.

Last edited by percysmith; Jul 15, 2018 at 1:44 am

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