ZED Super Low - WG- Dallas, Texas

ZED Super Low - WG- Dallas, Texas ZED Super Low - WG- Dallas, Texas - Start

Added : 2019-03-17 Views :8K

Download Presentation

ZED Super Low - WG- Dallas, Texas




Download Presentation - The PPT/PDF document "ZED Super Low - WG- Dallas, Texas" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.



Presentations text content in ZED Super Low - WG- Dallas, Texas

Slide1

ZED Super Low- WG-

Dallas, TexasOctober 2017

Slide2

ZED and MIBA fares: our journey to-date

ZED was retained as the industry standard, with the ZMR2 levels used as a baseline against which ZL and ZH were calculated

Annual review according to trend of commercial fares published by members in each zone

New Adjustment Mechanism was introduced to review fares annually

Fares in some bands were adjusted to more logical amounts

ZEDR1 and MIBAS1-C1 fares were “merged”: same fares regardless of leisure or duty

ZL zone 1 became our new baseline with minimum fare set at $15

Premium economy introduced

Slide3

Ongoing questions and some results

What is a fair price to pay for standby travel?

What

is the minimum fare that operating carriers agree

that adequately

offsets their operating costs?

What is good value for money for confirmed fare? Despite an offer by ZMAC to outsource to a third party the task of conducting some research, members chose not to

pursue this

Levels of fares are constantly being scrutinized by ZEDMIBA forum to ensure they are

relevant

New product (ZED Super Low) was conceived, developed and a proposal shared at last year’s AGM

Vote GVA 17 proposal failed as

54% vote against

At the same event, Members chose to retain the baseline fare for standby travel

Slide4

Market prices mileage zone 1: examples

Current ZED fares:

RT ZMR2 without taxes: 2 x 24

=

48 $,

ZLR2 : 2 x 15

=

3

0

$

RT ZMR1 without taxes: 2 x 62 =

124 $,

ZLR1: 2 x 28

=

56 $Public fares within mileage zone 1: two weeks prior to departure (MAR’17)PAR-NCE/ Easyjet: : Public fare: 86 $ RT fare, without airport taxesNo refund, no changes, 1x luggage incl.TYO-OSA/ flyPeach: Public fare: 87 $ RT fare, without airport taxesNo refund, no changes, 1x luggage incl.NYC-BOS/ Delta-Jet Blue- AA: Public fare: 108 $ RT fare, without airport taxesNo refund, no changes, 1x luggage incl.

Lower than ZEDMIBA R1 on ZM

Lower than ZEDMIBA R1 on ZM

Lower than ZEDMIBA R1 with ZM

Slide5

Market prices Mileage zone 3: examples

Current ZED fares:

RT ZMR2 without taxes: 2 x 39

=

78 $

, ZLR2 : 2 x 29

=

58

$

RT ZMR1 without taxes: 2 x118=

236 $

, ZLR1 : 2 x 53

=

106 $

Public

fares within mileage zone 3: two weeks prior to departure, non-stop flight (MAR ’17)FRA-IST/ Pegasus Airlines : Public fare: 55 $ RT fare, without taxesNo refund, no changes, 1x luggage incl.SIN-DPS/ Tiger Air:

Public fare: 126 $ RT fare,

without taxesNo refund, no changes, 1x luggage incl.

GIG-BUE/

EMRATES

:

Public fare:

239 $

RT fare

, without taxesNo refund, no changes, 2x luggage incl.

Lower than ZEDMIBA ZLR2

Close to ZEDMIBA ZMR1

Lower than ZEDMIBA ZMR1

Slide6

Market prices mileage zone 6: examples

Current ZED fares:

RT ZMR2 without taxes: 2 x 79

=

158 $

, ZLR2 : 2 x 59

=

118

$

RT ZMR1 without taxes: 2 x 248=

496

$,

ZLR1: 2 x 163

=

326 $

Public fares within mileage zone 6: two weeks prior to departure, non-stop flight (MAR ‘17)CGN-MIA/ Eurowings: Public fare: 400 $ RT fare, without airport taxes

No refund, no changes, 1x luggage incl.BKK-MEL/ Jet Stars:

Public fare: 318 $

RT fare,

without airport taxes

No refund, no changes,

1x luggage incl.

Lower than ZEMIBA ZLR1

Lower than ZEDMIBA ZM R1

Slide7

ZED and MIBA fares: future

Question we must ask ourselves:

Is there still an case for introducing a ZED Super Low level?

Slide8

Proposal for the new fare levels

Slide9

Proposal for the new fare levels

Space

available

– Premium Economy Class

Slide10

Proposal for the new fare levels

Slide11

Proposal for the new fare levels

Slide12

Proposal for the new fare levels

Slide13

Proposal for the new fare levels

Slide14

Considerations

proscons

 

Worldwide standard for

airlines

which need a lower fareA new product within ZEDFits existing ZED fare structureNo complex calculationEasy to add to existing agreementsAn option if fare adjustment rule prevents further decrease Maybe not all

airlines will use themMaybe too inexpensiveRevenue lost (fix cost not covered?)New fare basis ISTA & Concurrence form updateMyID travel & tools update

Slide15

How might this impact MyID System?

Assumptions

The Fare Level ZS

uses

the same

structure as

ZL, ZM and ZH. Just the fare amounts are different. Each airline can choose itself if the Fare Level will be used or not.

 

Costs

The costs for the general adjustment and the fare load will be

borne

by myIDTravel. There will be no individual costs for the airlines from LHIND side.

 

Out of

Scope

Adjustments in airline pricing systems e.g. for auto pricing airlines or any other 3rd party systems are not included. Airlines using a special taxation need to verify the usage

at their

own cost. Currently there are no known items to LHIND but customer airlines needs to verify that.

Slide16

Any implications for Infonia?

Assumptions

The Fare Level ZS uses the same structure as ZL, ZM and ZH.

Just the fare amounts are different.

 

Costs

 

Slide17

Many Thanks 

17


About DocSlides
DocSlides allows users to easily upload and share presentations, PDF documents, and images.Share your documents with the world , watch,share and upload any time you want. How can you benefit from using DocSlides? DocSlides consists documents from individuals and organizations on topics ranging from technology and business to travel, health, and education. Find and search for what interests you, and learn from people and more. You can also download DocSlides to read or reference later.
Youtube