Originally Posted by golfingboy

Miles will not go up in value, probably ever, unless AA wants to explain to their investors why they are seeing a drastic reduction in offloading AAdvantage liability on their balance sheets.

My prediction, in 3-5 years redemption will be $$$ based similar to how we buy tickets with CC points. The huge upside will be we can book any seat, but we have to pay what that seat is worth.