Saturday, November 19, 2005
Monday, October 10, 2005
I thought I would sit down and do the numbers from information available on the Qantas web site to see if it makes sense. Here is a quick summary of what I found:
* Just over 3 Million Seats awarded in 2004 (Awards Given)
* and they carried 27Million (Traffic Stats)
So, a little over 11% of seats are award seats (not sure what % of revenue is attributed towards FF program as it is not in the report).
It is possible to earn points every 1.6km (Earning Points)
Total revenue km is 76Million (traffic stats report) and thus about 47Million points could be issued. We know that they are not all issues but that is a staggering number. It also does not factor in the points given out with credit cards, car rentals, hotels, etc (Partners).
So, looking at a middle point zone 6 flight = 36,000 points (Points Table), this works out to be a possible 4.7Million zone 6 economy flights. So, it seems clear that they are issuing more points than they are giving out - if they published the frequent flyer points as a liability on the annual report we would know for sure but I could not find it.
An alternative way to look at it, is how long does it take to accrue a zone 6 economy ticket. Given that the ratio of award to revenue flights is 3:27, it seems that it should take you about 9 flights to get one. However, it only takes you about 7 zone 6 tickets to earn one free flight. So the odds are against you from the start and that does not factor in any bonus points flyers with status get (Up to twice as much).
To me, this does not makes sense in any way when you do the maths - the system is fundamentally flawed as they are trying to pay back a 14% bonus program at 11%.
Saturday, September 17, 2005
It was a really good series to follow and seemed to really push the game's following along in the UK so it is probably all for the best. Well done England!
Saturday, September 10, 2005
I spoke at the last selectmen meeting for our town. It was a real treat – being able to stand up and have my own say on local issues. I am really impressed with local town government in the north east. It really seems like ordinary citizens can make a difference for the better.
The topic of the speech was to ask for a letter objecting to certain pending bills before the federal government. The laws are very complex but have the effect of taking away local control of local TV and preventing towns like mine from negotiating with new cable TV providers. It also threatens the funds currently being paid to support local TV stations all over the country.
The speech went well and the letter is getting written. I hope this will help stop these provisions getting in the final bill – it would be very sad if the future of PEG is ended after we put a lot of effort getting Concord TV up and running. See: http://www.concordtv.org