It is interesting to compare the benefits of being both a Krisflyer Gold Member and a Velocity Gold Member.  There now seem to be two disadvantages in maintaining the Krisflyer Gold Status.  The first being that only flexi or full fares on SIA accrue elite points for Krisflyer.  The second is the lack of the elite miles earning status on vrigin flights.  It appears that Vigin allows for earning of status credits on discounted SIA fares (sweet and super fair  fares -discounted fares) that are usually a few hundred dollars chaper than SIA full and flexi fares.

Further to maintain the gold status with Virgin I would need to earn 400 status credits with Virgin notwithstanding having to also fly on four virgin flights each year.   SIA requires a total of 50 000 miles to be flown to maintain gold status.   The SIA status is harder to maintatin.  Four full fare flights to China would earn 400 status credits or around 25 000 miles on SIA.

There are obviously other advantages in being part of Star Alliance (through SIA) as oppossed to being in Velocity with a limited partnership.  I have not yet considered the redeemption rates of Virgin Vrs SIA as well as credit card flyer points.

However, the lack of earning elite points on Virgin flights by SIA provides some food for thought  given that most my  international flights are on SIA and not other Star Alliance partners.

Gunners

Good analysis Gunners, I am disappointed at this news because a few SYD-PER trips would be great to top up a KrisFlyer account between SYD-SIN trips, but then SQ seems to be a bit 'tighter' than other airlines.

I really REALLY hope that Virign Australia bites the bullet and joins Star Alliance, now THAT would be a real 'game changer' for Virgin and take the ball right back to Qantas!

Silly question - but do I get points on both my Velocity and Krisflyer accounts if I fly SQ?

Another silly question. Can you earn Velocity status credits when booking SQ via the SQ website or do you have to book via VA site?