Qantas is updating its domestic Economy airfare structure as the airline rolls out its three-year recovery plan.
Prices are being reduced at the top of the fare structure on some routes, and an additional fare class will be introduced to the ‘Red e-Deal’ fare family which will see smaller buy-up levels between economy class fare classes.
There are no changes for Business fares.
The new fare structure applies for tickets issued and tickets reissued on or after 4 November 2020.
What does it all mean?
‘M’ class fares—currently Qantas’ cheapest flexible economy fares—will move from the ‘Flex’ fare class to the ‘Red e-Deal’ fare family.
Is this good or bad news?
David Thompson, Manager of Sales & Client Experience at The Travel Authority Corporate, believes this is a positive move by the national carrier.
“It remains to be seen how pricing trends through 2021 but, as it stands, this restructure is good news. Big picture: Qantas has reduced published fares across most of its fare classes,” says Thompson.
One thing that is apparent, is that the domestic market will remain highly competitive, with Qantas, Jetstar, Virgin Australia and an emergent REX making a big play on key routes.
1. Will there be any changes to the product and experience offered onboard?
All fares will continue to be inclusive of complimentary food and beverages, in-flight entertainment, Wi-Fi (where available) and checked baggage allowance.
2. Will there be any changes to Qantas Frequent Flyer points earning rates?
Qantas Point and Status Credit earn rates will remain the same within each Qantas Frequent Flyer Earn Category.
3. Are there any changes to the number of Qantas Points required for a Classic Upgrade Reward on Qantas Domestic flights?
The points required to upgrade from Qantas Domestic Frequent Flyer Categories are not changing.
Some questions still remain, however.
Like, how will this structure change affect customers holding Qantas flight credits in M-class? Please contact us to discuss if this sounds like it might affect you.
And, if Qantas deploys smaller aircraft on some routes to adjust for the slow return of demand, what effect will this have on the availability of the lower, cheaper booking classes?
We will continue to monitor the situation and make booking recommendations accordingly.
“Even with the current unknowns, we’re pleased to see Qantas preparing for the return of significant corporate and business travel,” notes Thompson.
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