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Thread: The Value of a Mile
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Old Sep 6, 2004 | 8:34 am
  #51  
gleff
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My own rules-of-thumb are to
- value miles @ 1.5 cents when acquiring, though this is a rough guide. I generally won't spend more than 1 cent in their acquisition.
- upgrade international tickets with miles as best option, redeem for international premium cabin travel as second best option

But I currently have 2 tickets on hold with AA miles that represent 9 cents/mile... LAX-PPT-AKL-SYD-MEL-LAX in F on TN & QF, each ticket costs 145k miles and prices out @ US$13k.
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