Originally Posted by dschon
lets hope the valur goes up just as we hope gas prices go down, I dont understand why people would by miles for more than 1 cent unless you really needed it to fill up a ticket award desperatly
Its really not that hard to see why someone would pay more than 1 cent/mile - not just to top off their accounts . Say you only earn 200K without buying miles but need 5 tickets to Africa for your family of 5 to vacation. consolidator econ. tickets would cost $2000+ each (typical for many destinations) or (75K AA for example) miles each. An astute traveller would gladly pay 1.5 each for the 175K miles needed to get all five award tickets. $2,625 for the enough miles for all five tickets or two miles tickets and 3 paid tickets for $6000?
Obviously many travellers have travell patterns never requiring expensive tickets. They should still understand why others value miles more than they do.
I will never pay for a business class seat; but I understand why others do.