my miles now are worth even more
Aug 7, 2008, 10:41 am
#1
Original Poster
Join Date: Aug 2004
Location: OSL/IAH/ZRH (time, not preference)
Programs: UA1K, LH GM, AA EXP->GM
Posts: 38,257
my miles now are worth even more
While we rightfully complain about the constant devaluation of our miles when it comes to forge them into flight awards, their monetary value reliably increases in value.
And that tendency even resists the Euro growing stronger and stronger - an evolution that floods me with pride.
The first exposure to the real value of our miles happened when the 'Pact des Loups' circumcised the SEN overdraft and made us lowly SENiles liable to pay 2 Euro cents per lousy mile.
Till then, I erroneously always though of miles to be worth sumthin like <<1 US cent. But M&M being wolfed by its new CEO taught me new insights.
And now LX further increases the value of our stash of miles to a splendid 2.5 Euro Cents per miles.
And that literally buys us a seat in LX' vintage Busines Class or on National Glory. As this is - the convoluted and somewhat camp working aside - for standby upgrades at the gate, resulting in an one-way standby upgrade cost for say 50K*0.025EUR = 1250 EUR. Which only is about 3 to 6 fold of what the competition demands on a TATL.
Yes, yes, yes .. I too deplore that Wolfi tries to rip us off. But look at the bright side: it keeps increasing the delusional value of our miles ^!
And that tendency even resists the Euro growing stronger and stronger - an evolution that floods me with pride.
The first exposure to the real value of our miles happened when the 'Pact des Loups' circumcised the SEN overdraft and made us lowly SENiles liable to pay 2 Euro cents per lousy mile.
Till then, I erroneously always though of miles to be worth sumthin like <<1 US cent. But M&M being wolfed by its new CEO taught me new insights.
And now LX further increases the value of our stash of miles to a splendid 2.5 Euro Cents per miles.
And that literally buys us a seat in LX' vintage Busines Class or on National Glory. As this is - the convoluted and somewhat camp working aside - for standby upgrades at the gate, resulting in an one-way standby upgrade cost for say 50K*0.025EUR = 1250 EUR. Which only is about 3 to 6 fold of what the competition demands on a TATL.
Yes, yes, yes .. I too deplore that Wolfi tries to rip us off. But look at the bright side: it keeps increasing the delusional value of our miles ^!
Aug 7, 2008, 11:40 am
#2
Join Date: Aug 2006
Location: MUC (home), DUS (office), XXX (customer)
Programs: LH, AB, SPG, CC, Sixt, EC
Posts: 6,334
Reading the first few lines, I believed weero was either
sick
or
drunk
Then I found out, nothing was wrong, just the usual attitude but he kept it together at the beginning
sick
or
drunk
Then I found out, nothing was wrong, just the usual attitude but he kept it together at the beginning
Aug 7, 2008, 7:23 pm
#7
Moderator: Asiana & Qantas Frequent Flyer
Join Date: Dec 2006
Location: STR/SYD/SMF
Programs: QF Lifetime SG, LH HON, OZ Lifetime Diamond +, HH Diamond, Marriott Lifetime Platinum
Posts: 14,367
On a serious note, I actually feel that my miles are worth more than a while ago. Not just with LH but also with other airlines.
A lot of the increases in the last few months were the actual fares, not the fuel surcharges. So our miles have actually become more valuable. On LH the reduction for the SEN anytime ward from 200% to 150% is also extra value.
The devaluation of airline miles is happening a lot slower than for example hotel points. Every year there is a significant devaluation happening at Starwood and Co and it is not that bad on the airline front.
A lot of the increases in the last few months were the actual fares, not the fuel surcharges. So our miles have actually become more valuable. On LH the reduction for the SEN anytime ward from 200% to 150% is also extra value.
The devaluation of airline miles is happening a lot slower than for example hotel points. Every year there is a significant devaluation happening at Starwood and Co and it is not that bad on the airline front.
Aug 10, 2008, 6:57 am
#8
Original Poster
Join Date: Aug 2004
Location: OSL/IAH/ZRH (time, not preference)
Programs: UA1K, LH GM, AA EXP->GM
Posts: 38,257
...Brave new world.
Aug 10, 2008, 7:37 pm
#9
Moderator: Asiana & Qantas Frequent Flyer
Join Date: Dec 2006
Location: STR/SYD/SMF
Programs: QF Lifetime SG, LH HON, OZ Lifetime Diamond +, HH Diamond, Marriott Lifetime Platinum
Posts: 14,367
AFAIK SQ has imposed a zero hold time for LH (?) awards.
Aug 11, 2008, 7:57 am
#10
Original Poster
Join Date: Aug 2004
Location: OSL/IAH/ZRH (time, not preference)
Programs: UA1K, LH GM, AA EXP->GM
Posts: 38,257
.
Aug 11, 2008, 10:31 am
#12
Join Date: Jul 2007
Location: FRA, SZG, CAI
Programs: LH M&M SEN *G, Priority Club Plat. RA
Posts: 507
Hello
Having the ability to pay the taxes and surcharges with 10k miles within Europe is a positive thing me thinks. Like this the availability increased since it makes no difference if the flight is nonstop or one stop, usually the one stop was very unattractive due to even higher taxes.
Cheers
aquaguy
Having the ability to pay the taxes and surcharges with 10k miles within Europe is a positive thing me thinks. Like this the availability increased since it makes no difference if the flight is nonstop or one stop, usually the one stop was very unattractive due to even higher taxes.
Cheers
aquaguy
Aug 11, 2008, 1:16 pm
#13
Join Date: Nov 2006
Location: FRA
Programs: LH SEN+, UA 1k, AA Plat, Solitaire PPS, BA Silver, :rolleyes:, :eek:
Posts: 2,679
How / with what will they reimburse SQ? Me couldn't get hold of any F / C class awards on FRA-ORD with MP - worked only with M&M currency.
