Originally Posted by
untamed
If BA's intention is to sell last minute seats, they should open the available seatsinthe last minute since this reduces their outstanding debt (miles).
Btw, BA cannot get 3c/2p from Chase, at most 1.2c.
I'd say less than 1 cent per mile since there are soooo many unsed miles out there and many that will never be used at the lowest rate. US Airways sells miles at 1.47 cent/mile, and since most are used on partner airlines and US has to buy them, they're making a profit, so probably around 1.1/1.2/1.3 for partners and even less from CCs.