Redeeming AA miles for EY flights, prior to these changes was a smart move. Doing so afterwards is a no-brainer, assuming you have AA miles of course.
AA didn't charge EY's fuel surcharge, but likely that they will levy the carrier surcharge, in which case the cash outlay will be more even with AA.
If AA does pass them on, then the DUB-AUH-MLE-AUH for 2 in biz which I booked earlier in the year will rise from the £81 I was charged, to £480. (3 sectors x 2 pax, $100 a sector)
LHR-AUH in F is rising from 55.2K miles to 87.7K miles (nearly 60%), 1-way
Advise anyone who is considering a redemption on EY to bite the bullet now. The T&C say that if you need to change the flight after the 8th of July, the old charging scale will apply.