If you're referring to USBank's FlexPerks, peruse the gift cards that are available, but I don't think there are any airline gift cards among them, just typical store gift cards. To redeem FlexPerks for airlines, you have to use the FlexPerks site, so you have to still have your FlexPerks card at that point.
The main thread for USBanks's FlexPerks is:
http://www.flyertalk.com/forum/credi...er-thread.html
(in the Credit Card Programs forum).
If it's FlexPerks you have a question about, you should ask there (where people familiar with FlexPerks hang out), not in a new thread in another forum.
If it's
not FlexPerks, please explain what the name of the point program is. Thanks.