Originally Posted by
perthite
One would imagine that the amount of points required for redemption would be reflective of what fare buckets were available at the time you wanted to redeem. If only expensive (i.e. fully flexible) were available, then I would assume you would pay more points.
Anyway, it is all speculation till we see the details.
That's my guess. NZ Airpoints has had this for a few years and seems to have worked (for them). DJ set up Velocity on similar lines (albeit less transparent).