Originally Posted by
NYC1K
Look for mileage devaluation come Q3/Q4. So burn those miles as fast as you earn them.


What does that mean? There are two ways I can see that miles can be "devalued".
(1) They reduce reward redemption requirements. Which means your miles go further.
(2) They give out miles more generously. In which case your miles go just as far. More people will have miles. But can you safely argue that your miles have been devalued if capacity is better maintained by promoting revenue traffic?