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The best way to make use of your frequent flyer points right now

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Demand for air travel has soared, but trying to find seats using points is impossible. Here’s the best way to make use of your points

The cost of flying has soared as we all rush to get back into the air. The experts call it “revenge travel”, but we all make up for two years of restrictions.

But now airfares to popular international destinations have soared to more than double pre-pandemic levels. And if you’re trying to use your points to pay for flights, you’re probably finding it hard to book any seats.

So with all this unprecedented demand, what’s the best way to get the most from your points and get you back in the air?

If you’re organised, flexible and determined, you’ll do well. Steve Hui, from iFlyFlat has some ideas.

Singapore Airlines has more seats available than other airlines

The frequent flyer expert noted a common misconception around redemption rates right now, amid claims rates have quadrupled in some cases.

“The number of points for flights is still the same, it’s just that you can’t find seats right now,” says Steve Hui, from iFlyFlat.

What the airlines say

It’s worth noting how far in advance airlines release their rewards flights.

A Virgin Australia Group spokesperson said: “Velocity members can be savvy by taking advantage of discounted fares during sales and booking ahead with reward seats available more than 300 days in advance.”

The two main Australian frequent flyer schemes, Velocity and Qantas Frequent Flyer, have recently reported record points redemption rates.

Qantas CEO Alan Joyce has acknowledged airfare price hikes.

“Fuel prices have spiked and our fuel bill next year will be $1.8 billion more than it was before COVID,” said Joyce.

“At the same time, there’s still unbelievably low airfares out there. Jetstar had a $29 airfare sale yesterday [June 15], so you still can get very low air fares, but air fares will have to go up with the oil prices.”

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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