FlyerTalk Forums - View Single Post - [Premium Fare Gone]: CX: Vietnam to North America from $674 (J) and $1100 (F)
Old Jan 2, 2019, 2:18 am
  #561  
TravelingZoomer
 
Join Date: Jan 2019
Location: SAN, BOS
Programs: AS MVPG100K, BAEC Gold, Hilton Diamond, Bonvoy Plat,
Posts: 2,281
Originally Posted by 380Flyer
Correction: CX is not in deep financial trouble as you claim. They have a strong balance sheet and are in good shape to weather any turbulence. They will be announcing profitable 2018 financial period in March 2019 so keep your eyes glued to the announcement.

As for the mistake fare, they have accepted this and the impact is immaterial as they will take this from the redemption booking inventory.

This will result in very limited redemption seat availability for the entire 2019, all thanks to the bloggers on social media for leaking the information (shame on you "That Points Guy" - aka TPG). This does no justice to frequent flyers who wish to redeem their miles for free seats.

CX has honored these bookings on the basis that they can be covered with future redemption seats allotment and whlilst some of this inventory that may have gone empty, some revenue has been captured as a result.

Therefore, you can see this as a good PR to those amateur premium travellers that bought so many tickets only to find themselves caught out that they might not be able to use them at the planned timing. Not to mention that changing the dates will create a fare difference. In addition, all these re positioning flights are not easy especially to Vietnam.
I thank TPG for allowing people like me the opportunity to live a moment of luxury that we otherwise may never experience.
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