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Yes. That would be more than 550€ and 105000 miles for a "free" ticket. Ridiculous! Just like you say: "a way to milk the customers", like any reputable company would do. HTB. Anyone who still believes to get free tickets with M&M miles must be extremely naive. Sorry! That would be more than 550€ and 105000 miles for a "free" ticket. It does not matter whether the passenger books a K-fare or an award ticket, when it comes to mileage earning. |
The latest update on the jet fuel prices drop, which is standing at 46.7% decline during the course of the year:
http://www.iata.org/publications/eco...-analysis.aspx Com'n LH it is time that you evaluate your YQ and lower it decently at least for award tickets @:-) |
Why would LH do it?
The YQ has no correlation with fuel prices. |
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LH's JV partner ANA lowered fuel surcharges a week ago. Between Europe and Japan the surcharge was reduced from €202 to €134 or £164 to £109 each way. The reduction also applies to LH flights booked on ANA's website. ^ By waiting until after midnight UK time last Sunday, I was able to book a return trip on LH for £110 less than a few hours earlier! And I was booked into Z while a similar (now higher) fare if booked on LH would have booked into P.
The same trick does not seem to work ex-Germany but may work from origins outside Germany. |
Sooner than later, the three naughty boys of European aviation (LH, BA, AF) will budge at the end and lower their YQ ;)
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Originally Posted by NA-Flyer
(Post 24312777)
Sooner than later, the three naughty boys of European aviation (LH, BA, AF) will budge at the end and lower their YQ ;)
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Originally Posted by NA-Flyer
(Post 24312777)
Sooner than later, the three naughty boys of European aviation (LH, BA, AF) will budge at the end and lower their YQ ;)
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Originally Posted by whiskey_sk
(Post 24314002)
why would you lower your international surcharge due to something as unrelated as oil prices dropping 60% :p
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We thought the same about the hard product a few years back :D
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LH is contemplating to increase its "international surcharge", because the oil prices have increased by almost 20% in the last 7 days.
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Originally Posted by warakorn
(Post 24316692)
LH is contemplating to increase its "international surcharge", because the oil prices have increased by almost 20% in the last 7 days.
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Originally Posted by warakorn
(Post 24171246)
Why would LH do it?
The YQ has no correlation with fuel prices.
Originally Posted by warakorn
(Post 24316692)
LH is contemplating to increase its "international surcharge", because the oil prices have increased by almost 20% in the last 7 days.
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LH Systems has recently outsourced parts of its IT infrastructure. There is a glitch, thus, technically it is not possible to lower the "international surcharge".
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Some LH view of fuel prices:
September 02, 2015 5:00 AM UTC Lufthansa Group | Group Low oil price: No reason to celebrate Chief Financial Officer Simone Menne describes the oil crash as a “double-edged sword” Due to the low price of jet fuel, Lufthansa is currently flying with a good tailwind. We hear that the airline sector can expect record earnings. Is that a reason to celebrate? Probably not. This is because other airlines are partially gaining more and Lufthansa still has to struggle with structural challenges. The winners here are air carriers without risk-reducing fuel price hedges – for example many North American airlines. Since they expose themselves to fuel price risk and save the costs of hedging, low fuelling expenses provide more benefit to them than to airlines with hedging. Chief Financial Officer Simone Menne describes the oil crash as a “double-edged sword”. During the presentation of the half-year figures, she warned against drawing the wrong conclusions. To be sure, lower expenditures on jet fuel do help, Menne noted. However, the hedging measures have a rather unfavourable effect with the current price drop. During the first half of the year, the company incurred a negative hedging result, such that Lufthansa did not fully benefit from reduced prices of jet fuel. That is why airlines with no hedging can better pass the low cost of jet fuel to their customers or offer overcapacities at dumping prices – the fall of ticket prices therefore continues. Such favourable conditions keep many airlines alive which would otherwise be brought to their knees with higher oil prices. “Financially weak airlines which cannot afford hedging are benefiting from low prices above all – they can now buy cheaply,” Menne explains. Incidentally, jet fuel price is calculated in US dollars worldwide. The currency has strengthened compared to last year. Thus airlines have to pay more for fuel in euros. “We have indeed gained more time with low fuel costs,” says Lufthansa Passage Executive Karl Ulrich Garnadt, “but our problems have not been solved as a result.” |
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