Unfavourable increase in SQ-VA conversion rate
Effective 1 January 2019
Previous: 1.35 KF miles to 1 Velocity
New: 1.55 KF miles to 1 Velocity.
Hasn't been announced the other way, but imagine Velocity will match
As a VA --> SQ frequent transferer this is annoying, but not surprising as I can earn 20k miles for a SYD-PER in J (15k KF miles)