http://news.smh.com.au/breaking-new...fare-structure-for-qantas-20110623-1gh16.html Qantas has announced a new domestic fare structure which the airline says is simpler, more flexible and offers more frequent flyer benefits. The main changes are a reduction in the previous four economy fare levels to three, and business class, and better frequent flyer benefits for its cheaper fares. The changes apply across the company's main line and regional networks and come into effect from July 7. Qantas said customer feedback helped shape the changes. A spokesman for Qantas said passengers would be offered a meal or refreshment, inflight entertainment and be able to check in up to 23kg of baggage on all fare types. Qantas says the new domestic fare levels are: * Red eDeal - offering low fares; * Flexi Saver - with more flexibility and choice; * Fully Flexible - with complete flexibility and a full refund option; and * Business - with additional baggage allowances, better menus, and dedicated lounges in major airports. Qantas said the company had also enhanced its frequent flyer program, which has 7.8 million members. All domestic economy fares would be eligible for flight upgrade awards to business using frequent flyer points, Frequent Flyer chief executive Simon Hickey said. Qantas on Wednesday said it expected full year earnings to rise to at least half a billion dollars on its profitable domestic business, while its international business is tipped to make a $200 million before-tax loss. Standard & Poor's on Thursday said its ratings on Qantas were unchanged, but warned external pressures were building on its creditworthiness. "We believe that high fuel prices and increasing competition in international markets has increased uncertainty for the company's 2012 performance," S&P said in a statement. The ratings agency said it kept the airline's rating at 'BBB' based on its strategy to turn around its international business, clearer expectations for future performance and details on the funding and timeframe for its new fleet purchase.