Originally Posted by
BAHumbug
Except that Avios do have a notional cost and appear on BA's balance sheet until they are 'spent', so there must be some level of Avios that are worth (say) £500...
BAH
That's true. Does anyone know what BA values its Avios at on it's Balance Sheet?
Having said that, I still believe that BA will value the generating of the cash more than the write-down of a potential future liability.