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Avios facts. 5 million new accountholders in 2024. 176 billion points earned, 141 billion redeemed. 396 million redeemed for wine.
Anybody able to add to these numbers…ie Global breakdown etc., etc.
Perhaps ask the source of those numbers?
I would, but he doesn’t know, popped up on an Aus site.
If those numbers are true, no wonder we are expecting a devaluation
It’s from an IAG post on LinkedIn.
Wine Flyer really making an impact at under 0.5% of points spent!
Even if used incorrectly 80% is an incredibly high number of pts being redeemed. That surprised me a lot. So 20% either hoarding or have no idea they are even there is much lower than I would have expected.
Even if used incorrectly 80% is an incredibly high number of pts being redeemed. That surprised me a lot. So 20% either hoarding or have no idea they are even there is much lower than I would have expected.
The number redeemed will include Avios earned in previous periods, so you need to know the number in circulation rather than just the gap between earning and redemption in one period.
Do the 5m new account holders include the nearly 4m from Finnair?
5 million new account holders in 2024 seems a lot. BA media centre says there are more than 13 million BAEC members worldwide. I would think many are blue and fly once a year, if that. Sounds like @JDB could be right with the new members from Finnair. But that still seems a lot. But then I have a Finnair account which I haven’t used for points collection/spend for a long time.
5 million new account holders in 2024 seems a lot. BA media centre says there are more than 13 million BAEC members worldwide. I would think many are blue and fly once a year, if that. Sounds like @JDB could be right with the new members from Finnair. But that still seems a lot. But then I have a Finnair account which I haven’t used for points collection/spend for a long time.
Simpleflying published an article in May 24 stating that IAG also added 5 million accounts in 2023. I wonder if its consistently growing 5m for both years or misquoted stats from previous year.
Even so, many of us here would have multiple Avios accounts with IB, QR, BA, AY and even AT – should be the minority but definitely duplicates.
IAG also may have included avios purchased / booster / subscription in the 176b ‘earned’ but 80% redeemed is indeed the most surprising stats of them all.
Would definitely make interesting reading if broken down more detailed numbers are made available especially % redeemed on flights vs non flights.
Presumably a lot of BAEC members have also signed up to Finnair, and are possibly being double counted as new accounts.
Even if used incorrectly 80% is an incredibly high number of pts being redeemed. That surprised me a lot. So 20% either hoarding or have no idea they are even there is much lower than I would have expected.
I reckon plenty of people spend a number of years saving them up for a CW redemption. I was giving tips to one of them on a flight out to HKG the other week.
2024 – I have flow 42 times, 28 on BA and earned less than 6,000 avios from flying alone. I appreciate many flights are reward flights but the new point per pound earning scheme has decimated my avios income from flying on cash tickets.
One flight we took we added a bag to a HBO fare and earnt more avios for the bag that the actual flight.
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