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I’m in a similar position except on MQD. To me it’s *definitely* worth it. Diff between plat and diamond is immense.
For your MQM thing, Check out China eastern — you could do Singapore (20k round trip) in economy or shanghai in discounted business (~$2300 — 14k mqm + 50% bonus = 21k mqm) and it’s comfy.
That is a lot of miles to make up. Maybe just rollover and get head start for next year