Originally Posted by
belfordrocks
Of all miles, AA miles are probably the most volatile out of the big 4 carriers. UA/CO/US aren't as generous as AA and aren't as financially insecure, so an impending devaluation is pretty likely.
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I would argue AGAINST an impending AA devaluation because of AA's alleged financial insecurity. AA will want to keep their frequent flyers loyal in the face of a potential bankruptcy/reorg and should (IMO) keep their program as is for the next year or two. I'll be sure to tell AA this when they contact me to get my opinion.