Author Topic: El Al Matmid Devaluation 2/10/15 (Read 10355 times)

damaxer91 · « **on:** November 10, 2014, 02:18:47 PM »

Details here and they aren't pretty: http://www.elal.com/en/FrequentFlyer/ClubChanges/Pages/default.aspx

Headline on the website says "Changes in the Matmid Club Program for Israeli Members" but my assumption is that once they announce their new US CC program it'll be for US/Canada members as well

Also as per FT, LY is also announcing direct flights to BOS today

shimino1 · « **Reply #1 on:** November 10, 2014, 02:49:41 PM »

I cant read PDF on my phone. Can someone give me the bullet points?

BTW just today my bank teller tried to get me to sign up for the crappy flycard. She was shocked when I gave her a 5 minute rundown on how bad Matmid is.

Matovu · « **Reply #2 on:** November 10, 2014, 03:09:47 PM »

Cheers for ELAL

way to go....

AJK · « **Reply #3 on:** November 10, 2014, 03:11:47 PM »

Roundtrip in F goes to 7,000 points.

350,000 MR.

Ironic, huh?

Matovu · « **Reply #4 on:** November 10, 2014, 03:17:19 PM »

Quote from: AJK on November 10, 2014, 03:11:47 PM

Roundtrip in F goes to 7,000 points.

350,000 MR.

Ironic, huh?

just this past Shabbos I was speaking to this rich suit, and he's telling me how he transfers 300K MR to ELAL and in just 10 minutes he has a ticket.
he was so happy with them.

damaxer91 · « **Reply #5 on:** November 10, 2014, 03:18:58 PM »

Quote from: Matovu on November 10, 2014, 03:17:19 PM

just this past Shabbos I was speaking to this rich suit, and he's telling me how he transfers 300K MR to ELAL (before the merger) and in just 10 minutes he has a ticket.
he was so happy with them.

And the problem with that is what? DL and UA haven't been much better and at least he's getting F

Matovu · « **Reply #6 on:** November 10, 2014, 03:28:35 PM »

Quote from: damaxer91 on November 10, 2014, 03:18:58 PM

And the problem with that is what? DL and UA haven't been much better and at least he's getting F

unless the date is prior to 10/31
and you have a million AA to burn
because you opened 10 Citi Cards this past winter.
and you book F for I couldn't say anything

other then that it's criminal.
and these Israelis are making money because of this notion called security.

total nonsence.

damaxer91 · « **Reply #7 on:** November 10, 2014, 03:32:54 PM »

Quote from: Matovu on November 10, 2014, 03:28:35 PM

unless the date is prior to 10/31
and you have a million AA to burn
because you opened 10 Citi Cards this past winter.
and you book F for I couldn't say anything

other then that it's criminal.
and these Israelis are making money because of this notion called security.

total nonsence.

Huh? You obviously know very little about the logistics here

Business is rarely available with El Al and F is often is available but couldn't be booked with AA points

Dan · « **Reply #8 on:** November 10, 2014, 03:35:51 PM »

http://www.dansdeals.com/archives/54884

joeb1 · « **Reply #9 on:** November 10, 2014, 03:51:05 PM »

well written and very well explained but elal simply doesnt give a crap so wont make a difference

Matovu · « **Reply #10 on:** November 10, 2014, 03:55:56 PM »

Quote from: joeb1 on November 10, 2014, 03:51:05 PM

well written and very well explained but elal simply doesnt give a crap so wont make a difference

makes me wonder why they make believe that there's no heat.

do they contact bloggers after reading such blog posts ?

Dan keeps on hammering and they're just laughing.
if these are silly business decisions then why let the writers write without responding.

AJK · « **Reply #11 on:** November 10, 2014, 04:01:41 PM »

LY--at least with respect to its loyal flyers--is, in economic terms, a relatively inelastic good, i.e. their loyalists will fly them with almost no regard for the price.

A corollary to that fact is that LY isn't required to be competitive with their hard product, soft product, or, as the case may be, with their frequent flyer program.

So, the people running the program aren't as foolish as the bloggers make them out to be... and are the ones getting the last laugh. Would you offer steak to someone who would eat your oats just as readily?

They have no business incentive to innovate or get ahead of the curve.

damaxer91 · « **Reply #12 on:** November 10, 2014, 04:04:45 PM »

Forget about contacting Bloggers, the people who run El Al dont even know that they exist

efflpetzel · « **Reply #13 on:** November 10, 2014, 04:51:18 PM »

Quote from: AJK on November 10, 2014, 04:01:41 PM

LY--at least with respect to its loyal flyers--is, in economic terms, a relatively inelastic good, i.e. their loyalists will fly them with almost no regard for the price.

A corollary to that fact is that LY isn't required to be competitive with their hard product, soft product, or, as the case may be, with their frequent flyer program.

So, the people running the program aren't as foolish as the bloggers make them out to be... and are the ones getting the last laugh. Would you offer steak to someone who would eat your oats just as readily?

They have no business incentive to innovate or get ahead of the curve.

Oh so true,
I've tried to convince my Mum countless times that they're crap, that she should much rather build her status by united, to no avail.
two weeks ago she calls me up exited to prove that I'm wrong because she just became a silver member.....

how · « **Reply #14 on:** November 10, 2014, 08:33:59 PM »

So can we expect to see another "price mistake" that will be "honored" just as the changes kick in and people get really upset

Mordy788 · « **Reply #15 on:** November 10, 2014, 10:22:00 PM »

Quote from: Dan on November 10, 2014, 03:35:51 PM

http://www.dansdeals.com/archives/54884

Thanks for breaking it down so well.

PlatinumGuy · « **Reply #16 on:** November 10, 2014, 10:38:54 PM »

Boston has got to be the stupidest thing to happen in this business for a while.

Mordy788 · « **Reply #17 on:** November 10, 2014, 10:42:02 PM »

Quote from: PlatinumGuy on November 10, 2014, 10:38:54 PM

Boston has got to be the stupidest thing to happen in this business for a while.

Why do you say that?

I think its a great opportunity for El Al.

PlatinumGuy · « **Reply #18 on:** November 10, 2014, 10:48:03 PM »

What does BOS have that MIA, SFO, or ORD don't have?

I bet it's some connected guy wanted to be station manager in Boston...

Mordy788 · « **Reply #19 on:** November 10, 2014, 10:53:33 PM »

Quote from: PlatinumGuy on November 10, 2014, 10:48:03 PM

What does BOS have that MIA and SFO don't have?

I think San Francisco and Miami represents great opportunities for El Al. However, you had a Governor of Massachusetts Lobbying on behalf of El Al to get this done. Negotiations have been going on for years. If I had to guess, El Al would take SFO or MIA in a heartbeat if it would be easier and cost effective. Boston can also easily be served by the smaller 767-300 with under 200 economy seats. That represents a much lower risk when it comes to operating costs for El Al.

El Al also has non stop service from Los Angeles which they have expanded. In effect that is capturing some of the SFO market without adding another route.

When it comes to Chicago, New York captures that market very effectively as well.