Originally Posted by
Dieuwer
Delta and others just slaughtered the Golden Goose.
Do they really think AMEX is going to fork over TENS OF BILLIONS of dollars for nothing? No credit card users = no forking over billions for Skymiles.
This is a slap in the face as far as devaluations go, no question. But Delta didn't slaughter anything here. In 2019, 97% of all SkyMiles redemptions were on Delta metal. Partner awards like these are almost negligible from their perspective, hence why they did it.