I have several thousand Mille Miglia miles in my account. I recently got an email from Alitalia informing me they are starting a new program, so all unused miles will expire in June 2008. I do not have enough miles for a flight and I do not expect to gain many miles before June 2008. Is there any way I can transfer these miles to anything (another airline program, hotel program, etc)?

http://www.webflyer.com/programs/mileage_converter

Probably not too much without serious devaluation. If you don't have enough for a ticket that means you're looking at <25K to begin with, so figure a few thousand at the end of the game, but if they really are dead otherwise, maybe doing the transfer even with the devaluation would be worthwhile for you.

I know of no way to transfer miles *out* of AZ.

If you're not too far off a ticket, consider transferring miles INTO AZ. (shudder) Then use 'em.

Oops. I suppose I should've checked that before posting the link. My bad.

In that case, I agree with gleff that the best bet is to round off the account and cash in a reward - preferably on a partner carrier. Or just let them die. If there are so few there you proobably didn't invest too much time/energy earning them.

From the announcement AZ sent out:
with only two Alitalia flights in the first six months of 2008, you will receive a "Loyalty Reward" equal to your remaining miles on June 30, 2008.So, if you fly two segments in the first half of 08 you'll get your old miles back.

I rarely use Alitalia, only for some small flight when I was in Europe. I was using Mille Miglia as my SkyTeam FF program, and in hindsight I should have signed up for a program that opperates more out of my hub (Ottawa). I don't really care about the exchange rate, was just looking for anything instead of nothing.