Scummy move. Giving even a few weeks advance notice would have been the decent thing to do.
This kind of move without any advance notice before implementation is not a good indicator for the future of this program for its customers. It also makes me wonder what economic pressures Aegean felt now that they needed to rush this change in now just a few weeks before the calendar end and do so with no advance notice to its customers.
This kind of airline move most intensely punishes the airline’s most loyal customers that accumulated and maintained the biggest balances of points in the program.