FlyerTalk Forums - View Single Post - Cost per miles ! The final answer??
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Old Jan 4, 2003 | 1:19 pm
  #12  
keithguy
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Join Date: Jan 2002
Location: Vancouver, BC, Canada
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All of the fares of my mileage runs are in USD, so I calculate the cents/mile ratio in US dollar.

My personal threshold is less than 1 cent per earned mile if status miles are not my objective. For status miles, it's under 3 cents per mile.

It's my opinion but I find that it is really not hard at all to price runs that are 2 cents per earned mile. Elite bonuses (100%) help and special promotions can help but sometimes the routings are just too darn good. For example, I booked me a $151 NW SEA-BNA fare that would net less than 2 cents per status mile (hence less than 1 cent per earned mile).

Oh, and I do take into account discount certificates, vouchers used when calculating the cost. However, I do not take into account the bus fare from Vancouver to SEA, any layover costs (usually no hotel for me), and other travel costs (meals).
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