Originally Posted by
newaliases
So a few days ago, I was looking into booking a flight from NYC>London, business class for January.
When I first looked (on the website and app), flights on AA metal was 57.5K points for business each way, with reasonable surcharges ($5 to, $315 from).
However, yesterday, when I looked again, it had moved to 75K each way, or 125K return (discount of 25K for return) on AA metal, although it is still 57.5K for British Airway, but with a much steeper surcharge.
Interestingly, the cost has increased to 75K each way even for future way in the future, with no 57.5K rewards other than BA metal.
Is anyone aware of a devaluation that took place this week?
This is not a devaluation.
For AA metal awards, AA has largely moved to largely a dynamic pricing model whereby the award price can and will change from day to day, week to week, depending on how full the flight is and a host of other factors. It's been this way for at least the past 2-3 years.
As always if you see a decent looking award option you should put it on hold first and then figure out the details. There's a good chance that what you see today won't be available tomorrow (or it will be priced much higher, as you're seeing).