TLV-ZRH
El Al business via Qantas (43.8K Qantas): 737-900
I only transfer in to Qantas during promos, so the basis for these points was anywhere from 10-20% bonus, bringing worst case scenario true points used to 39.8K.
Best price roundtrip on same flights on my inflexible dates is $1542 (or about $770 each way), bringing my CPP to about 1.9 net of $34 taxes.
Matmid would have been 935 points plus like $100 taxes!!! $37.4K spend at $40:1 point best case via their legacy US Bank card, not counting the taxes. SMH.....
So I ended up being part of the esteemed group that recently had their El Al flights cancelled less than 12 hours before departure (the quoted flight).
The rebooking they offered would have gotten to ZRH 12 hours later than planned, which was unacceptable.
I had to scramble and was amazed to find availability on AF business via Virgin points only hours before departure:
30K Virgin + $50 for Air France business TLV-CDG-ZRH landing 3 hours later than planned.
The TLV-CDG leg was on a 777 with beds. All in all certainly made lemonade out of those lemons!
Requested lawful compensation from El Al, will see how it plays out. The local court that handles small claims is a short walk from home, so will certainly go down that path if need be.