El Al Adds Online Bookings for Virgin Atlantic Awards, Launches Dynamic Award Pricing El Al Adds Online Bookings for Virgin Atlantic Awards, Launches Dynamic Award Pricing

El Al Adds Online Bookings for Virgin Atlantic Awards, Launches Dynamic Award Pricing

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Israel-based El Al's Matmid loyalty program doesn't get much attention outside of Israel — mostly due to the difficulty of earning Matmid points. But, for those that have a stash of Matmid points, El Al just added the ability to book Virgin Atlantic awards through its website. AwardWallet tools first detected this new addition overnight Sunday night.

Here's what to know about El Al's partnership with Virgin Atlantic.

Redeeming El Al Matmid Points on Virgin Atlantic

Technically, El Al members have been able to redeem Matmid points for Virgin Atlantic flights since June 10, 2024. However, since the start, El Al members have been instructed to “contact the call center at *2550 or +972-3-9771111” to book an award ticket with partner airlines.

That's the aspect that changed today without notice. Matmid members can now book Virgin Atlantic awards on the El Al website, right alongside El Al flights.

Based on what's published on El Al's website, the award pricing for Virgin Atlantic flights should follow this redemption chart:

Distance in MilesEconomy ClassPremium ClassBusiness Class
0 - 40016,00030,00045,000
401 - 1,50035,00055,00090,000
1,501 - 2,50055,00078,000135,000
2,501 - 4,00080,000110,000200,000
4,001 and up130,000170,000300,000

However, we are seeing very different award pricing in practice. Award prices on the 2,233-mile route from Tel Aviv (TLV) to London Heathrow (LHR) are pricing as low as 27,600 points in economy — less than half of the 55k point award chart pricing. However, on the same flight, Virgin Upper Class is priced higher than the award chart price.

El Al award search results from Tel Aviv to London Heathrow showing Virgin Atlantic award pricing
Credit: El Al

Unfortunately, not all awards are pricing this cheap. And as with El Al's partnership with Air France, it's cheaper to book El Al award flights vs. Virgin Atlantic awards on the same route. In some cases, El Al awards are less than half of what El Al is selling Virgin Atlantic awards for:

El Al Matmid award search results
Credit: El Al

Earning El Al Matmid Points on Virgin Atlantic

Since June 2024, El Al Matmid members have been able to earn Matmid points on Virgin Atlantic flights. Your earnings depend on how you book the flight.

Virgin Atlantic-operated flights marketed with an El Al flight number (e.g., LY4701) will earn Matmid points and elite-status Diamonds “according to an earning index based on the flight ticket fare (similar to the earning index for EL AL flights).” El Al links off to this page that explains how Matmid points are earned under the recently adopted revenue-based program.

For Virgin Atlantic-marketed flights (with a VS flight number), here's the earning chart:

Class of ServiceBooking ClassEarning rate (based on distance in miles)
BusinessJ ,C, D, I, Z125%
PremiumW, S, H, K100%
Economy Full-FareY, B, V, R75%
EconomyL, U, M, O,
N, X, Q, E
50%
Discount economyT25%

Matmid elite members will earn a bonus on these base earnings:

  • Silver (SL): 33% bonus
  • Gold (GL): 50% bonus
  • Platinum (PL): 83% bonus
  • Top Platinum (TP): 100% bonus

Final Thoughts

As with the other El Al Matmid partnerships we've looked at, El Al's expanded partnership with Virgin Atlantic leaves a lot to be desired. High redemption rates and dynamic award pricing leave little room for value.

However, for those with a lot of Matmid points, the ability to book another partner online is a welcome addition. We just wish that these awards would price at (or less than) the published award chart.

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