
Interesting question.
Naturally The T&Cs are the ultimate arbiter but
In the section on Spending Miles we have "4.1.12 Members shall not sell or auction free tickets or miles in any circumstance." which needs to be considered in conjunction with "4.1.10 We will issue any reward to a third party at your request, but once issued, rewards are not transferable. "
So bottom line is - you can use companion tickets for other people BUT they are free tickets and therefore subject to 4.1.12. Any black market would therefore possibly lead to cancellation of your Flying Club account. Of course if a close friend wanted to buy you something for your generosity in letting them use the tickets that's another matter that cannot easily be legislated for.
Naturally The T&Cs are the ultimate arbiter but
In the section on Spending Miles we have "4.1.12 Members shall not sell or auction free tickets or miles in any circumstance." which needs to be considered in conjunction with "4.1.10 We will issue any reward to a third party at your request, but once issued, rewards are not transferable. "
So bottom line is - you can use companion tickets for other people BUT they are free tickets and therefore subject to 4.1.12. Any black market would therefore possibly lead to cancellation of your Flying Club account. Of course if a close friend wanted to buy you something for your generosity in letting them use the tickets that's another matter that cannot easily be legislated for.