I think this is a recurring pricepoint for TATL sales in business class, low season.
http://view.ed4.net/v/EJRH6H/3ADQZ5/...t=BBBB5H3ZBB11
Given the high fees associated with mileage redemption, e.g. so-called fuel surcharges, I gather it doesn't make sense to use miles for travel except during peak season.