Originally Posted by hyho61
Airlines value at the rate 2c/mile. But actually they are worth closer to 1.2 c/mile.
Hm. Just exchanged 260K miles for two business class trips to Cairns from Austin. In January (high season). If you want to buy seats on those flights it will cost your $2500 a piece...IN ECONOMY. The business class seats are $10K a piece.
Now, tell me again about these miles being worth 1.2 cents each....