Most expensive LH/LX F fare you've ever paid?
Apr 14, 2019, 5:00 am
#47
Original Poster
Join Date: May 2016
Location: Terceira Island
Programs: TP Gold, *G Star Alliance
Posts: 251
When you’re CEO, regardless of whether your time is literally billable, every waking hour of your life is one in which you can enhance revenue or minimize cost. If your company has achieved the scale to afford this kind of travel, that extra three hours you spent positioning to save $2k off an F fare could’ve been used to generate much more in revenues for your company.
My partner is the founder of a company. If her investors found that she was making this trade off, they would rightfully wonder if she was the right person for the job. Not really the best use of her time, even if she can’t subdivide her time into billable units or invoice a client.
Apr 14, 2019, 5:04 am
#48
Join Date: Sep 2018
Location: London, Paris
Programs: LH HON, AF Platinum
Posts: 2,001
Unfortunately I’m not that successful and luckily do not have any investors, all my investments are made with my own money. Despite all that I still have enough money to fly F whenever I wish without having to ask for permission to spend an extra 3-4 hours when I’m travelling.
Again, interesting trade off. But you’re super successful and independent, so you probably know something I don’t.
Apr 14, 2019, 5:43 am
#49
Original Poster
Join Date: May 2016
Location: Terceira Island
Programs: TP Gold, *G Star Alliance
Posts: 251
It’s irrelevant whether you have to ask permission. You like money (I assume, because you seem to have an affinity for nice things), but you don’t see the trade off between saving $2k per hour vs potentially getting that much more per hour.
Again, interesting trade off. But you’re super successful and independent, so you probably know something I don’t.
Apr 14, 2019, 5:49 am
#50
Join Date: Oct 2004
Programs: LH HON
Posts: 3,420
No question that lawyers and consultants are useless. But you don’t have to be on the billable hour to know how much you value your time. And if you’re the CEO of a company with sufficient revenues to support premium travel of this time, I’d argue that your time on an hourly basis is worth much more than $2k.
Apr 14, 2019, 5:52 am
#51
Join Date: Oct 2004
Programs: LH HON
Posts: 3,420
Not exactly the point I was trying to make. Obviously you need a good financial situation in order to regularly fly F, but what I meant is someone like me who has enough free time to lose 5 or 6 hours when I'm travelling, if that means I can save enough on the flight fare to invest in other components of the trip like hotels and restaurants, I'll do it.
Also when I'm valuing my time I don't do it big corporation style, where you're always charging a lot of hours a week to the clients or something similar to look very busy and therefore artificially increase your hourly wage, I regularly work a lot less hours than those jobs and make more than others I know who work those jobs. As you already said once, quality over quantity.
Also when I'm valuing my time I don't do it big corporation style, where you're always charging a lot of hours a week to the clients or something similar to look very busy and therefore artificially increase your hourly wage, I regularly work a lot less hours than those jobs and make more than others I know who work those jobs. As you already said once, quality over quantity.
Apr 14, 2019, 6:03 am
#53
Join Date: Sep 2018
Location: London, Paris
Programs: LH HON, AF Platinum
Posts: 2,001
Apr 14, 2019, 6:07 am
#54
Original Poster
Join Date: May 2016
Location: Terceira Island
Programs: TP Gold, *G Star Alliance
Posts: 251
I also don’t live in any major city, so I will always have to make some sort of connection anyway. There’s not a lot of extra hustle for me anyway.
