Inbound flight with VA is code L
Outbound is code Y
On V-Flyer it states...
•This fare is eligible for utilisation of:
?Upgrades - from Economy to Premium Economy for 10,000 miles each sector or from Economy to Upper Class for 30,000 miles per sector. Note there must be availability in U Class for a Premium Economy Upgrade or G Class for an Upper Class Upgrade. You will still the Economy level of miles and Tier Points if you upgrade to a higher class
What does this mean in simple terms? Are these flights eligible for upgrades if there is availability and at what charge? How do you check availability?
The L code is a normal economy fare that is more expensive, the codes for economy are Y,B,R,L,U and M. As you can see it's not the most expensive code.
If you want to upgrade to PE or Upper Class using Flying Club miles or by paying then you can, it also means that you can change your flight if you need to.