Originally Posted by
onlySIA
I am trying to understand how PPS Value is calculated. In the past 12 months I took three return trips from Australia to Europe. Twice in Business, once mixed class Business/First. All of the trips credited miles to my Krisflyer account but I only have 5630 PPS value listed in my account summary on the website. The total cost of those tris added to about AUD26500 so I am a bit confused trying to understand where all the money went.
I might be able to shed a little bit of light on your issue:
Last year, I purchased a ticket in full fare F from ARN to MEL for 5,250 USD. FQTV to LH and FQTS to SQ. Lufthansa awards miles on ticket value and SQ awards PPS value on ticket value. Both ex taxes.
Comparing the credits, they don’t add up: LH has given me less than SQ. So I looked into this and LH calculates FX for the day of purchase and uses historic FX rates while SQ just takes today’s FX.
If you bought a ticket in AUD six months ago and the AUD appreciated against SGD, you receive less PPS value compared to the SGD amount you spend to buy the ticket.