<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by DaDOKin DC:
The whole devaluation/inflation issues is a nuisance, but I can understand why the airlines do it (even as they are the major culprits in the first place). The whole "FF miles" world has expanded far beyond purely air miles flown -- credit cards, hotels, car rental, mortgages, phone bill, ad nauseum. Just check all the other threads! If a commodity is easy to acquire, its value goes down. Simple economics.
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I would disagree: Airlines SOLD the mile to credit card companies, phone companies, etc., Airlines got their MONEY ALREADY. They should let customers redeem them, so they should add more reward seats accordingly. If airlines don't add more reward seating, that would be called FRAUD.
I don't care that 8% (or whatever the number is) of seats are rewards seatings. I only care if 8% of miles (sold or flown with that airline) are redeemed each year.