Virgin Australia changes Velocity frequent flyer award redemptions

Virgin Australia will adjust the price of reward seats redemptions through its Velocity frequent flyer scheme for the first time in 5 years, with the outcome set to prove a mixed bag for loyalty program members depending on their booking plans. In addition, when the changes take effect June 1, Velocity points are now set to expire in 2 years if there is no activity on a member account, as opposed to the current allowance of 3 years. Qantas frequent flyer points expire if there is no activity over an 18-month period. The cost of premium economy and business class seats on Virgin, Delta, Virgin Atlantic, Virgin America and some Air NZ flights will rise for every distance, but it will take fewer points to redeem flights on economy class journeys of more than 7700 kilometres. <br/>
Sydney Morning Herald
http://www.smh.com.au/business/aviation/virgin-australia-changes-frequent-flyer-award-redemptions-20160229-gn6372
2/29/16