Back in November I reported that Qantas had gutted its frequent flyer award chart, with awards increasing in price as much as 92% (Sydney to New York-JFK in First class was going up to 392,000 points)!

It should come as no surprise that Qantas frequent flyer members reacted to this news by booking as many international awards as they possibly could before the new point requirements went into effect, and as a result there are reports of very limited award availability — that most of the international awards on Qantas have simply been snatched up.

It’s difficult to know the real numbers without a systematic award search, but the theory itself seems plausible.