FlyerTalk Forums - View Single Post - Is it time to hoard miles – will their value go up?
Old Apr 4, 19, 1:55 pm
  #50  
arlflyer
 
Join Date: Feb 2013
Location: DCA
Posts: 6,927
Point/mile valuation is silly for a number of reasons, but here is one. We are currently in a high fare and high load factor environment. That means that miles have a comparatively high “value” at times WHEN they can be used (to be clear we are talking SAAver). Now if a recession hits, prices go down, load factors go down, fares go down, but probably more seats released. So “valuation” goes down but utility goes up.
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