kaitak From Ireland, joined Aug 1999, 12480 posts, RR: 34 Posted (4 years 7 months 3 weeks 2 days 5 hours ago) and read 6740 times:
A friend was telling me recently that she acquired BA shares solely on the basis of getting free flights from BA; I think it was about 200 shares. I was just wondering if (apart from dividends!), other airlines give their shareholders benefits - such as flights, upgrades, FF miles etc?
0NEWAIR0 From United States of America, joined May 2007, 939 posts, RR: 0
Reply 1, posted (4 years 7 months 3 weeks 2 days 5 hours ago) and read 6732 times:
Shareholder Discount Coupon
Shareholders who hold a minimum of 200 shares or more on a record date in early November each year are entitled to a Shareholder Discount Coupon. This coupon entitles the shareholder and up to eight travel companions to a 10% discount on BA flights. Coupons are sent automatically to those shareholders who hold their shares on the Register, for those holding their shares through a PEP, ISA or in nominee account (other than BAIS) the coupon has to be applied for by your Plan Manager e-mailing firstname.lastname@example.org, providing the shareholders details.
VV701 From United Kingdom, joined Aug 2005, 7573 posts, RR: 17
Reply 5, posted (4 years 7 months 3 weeks 1 day 21 hours ago) and read 6533 times:
Quoting kaitak (Reply 2): Thanks for the info; presumably the level of rewards goes up the more shares you have?
No. The requirement is a minimum holding of 200 shares. Each shareholder with this required minimum holding is annually issued with a order number that allows him or her to book as many flights for him or her and up to 7 travelling companions on the same flight with a 10 per cent discount for all tickets,
If you are planning a long haul flight for your family this can make an investment in 200 shares very worthwhile. The cost would currently be a little over £400 with every prospect of getting your money back when you came to sell. However it should be noted that the discount coupon is only issued to shareholders with a registered holding as at early November each year and is valid for the following 12 months.
Having said that the lowest normal priced tickets for a family of 4 flying to SYD would cost around £2,100. So an investment of around £400 with every chance of recovering most of that investment or perhaps even making a profit would save more than £200 on the ticket cost. The saving would be approximately half of this on a flight to the west coast of the USA.