The good news? Economy-class bookings are not affected.
It may not be the happiest New Year for premium frequent flyers of Singapore Airlines.
This is because the Lion Cityâ€™s flag carrier will be devaluing KrisFlyer redemptions on bookings made from January 24, 2019. While economy redemption rates remain unchanged, business- and first-class rates are seeing a significant increase across the board.
For instance, a one-way business saver ticket between Singapore and Hong Kong or Taiwan will require 30,500 miles instead of the previous 27,500. One-way business savers from Singapore to Japan and South Korea are set to increase from 43,000 miles to 47,000, and travelers between Singapore and Europe will have to fork out 92,000 miles, a more than eight percent hike from the 85,000 miles needed beforehand. The threshold for one-way first-class savers on the same routes will also rise from 115,000 to 125,000 miles.
Nominal increases are even more pronounced on routes between Singapore and the United States. U.S. West Coast destinations will soon require 95,000 miles (up from the original 88,000) to redeem a one-way business saver from Singapore, whereas first-class travelers must accumulate 130,000 miles for a journey that previously needed 118,000 miles.