FlyerTalk Forums - View Single Post - Think miles aren't profit centers? AMEX to prepay DL $500 million for SkyMiles
Old Oct 25, 2004 | 1:26 pm
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MastaHanky
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Originally Posted by Deltahater
While this will give DL some breathing room (and probably less leverage in pilot talks) it also puts out billions of miles that are now competing for award flights and upgrades
I'm guessing it's not really bad news after all. AmEx needs the miles to give out anyway. I'm sure they give away tens of millions of them (if not hundreds) monthly. They're purchasing the amount they normally need anyway, just paying for all of them in advance. It's not going to change how many are actually distributed.
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