Originally Posted by
thadocta
Let's get the terminology correct - IB *PAYS* QF full base miles on all discount economy fares - it is IB (NOT QF) which decides who gets what on what fares on various programs. It is IB which pays the $$$$ (or whatever) to the program (which the passenger gets, via points)....
More likely that IB pays a set amount (in EUR) and this happens to equate to 30% AA points and 100% QF points. A classic arbitrage opportunity (rate is unchanged from when the USD was high, and AUD was low, years ago).