Originally Posted by
littlepink
Thank you, I think you have a fair point.
Here is another of my example, Let's say I want to redeem a Business Class outbound flight and an Economy Class inbound flight. To calculate the cash value of the flight:
- Case 1: if using half-round-trip basis you mentioned, then the price is going to be half-business-round-trip-price $490 ($980 in full) + half-economy-round-trip-price $210 ($420 in full) = $700
- Case 2: if using single ticket face value, then the price is going to be business-one-way-price $1100 + economy+one-way-price $360 = $1460
Which one do you think is the better case to compare?
Case 1. In most cases, economy fares and business fares can be combined on a half-round-trip basis, so you should do the same thing when computing value.
That said, I see very little benefit in trying to compute cpp to this degree. The overwhelming factor here is the rapid devaluation of award miles. It is much less important to stress over the last tenth of a cent of value than it is to protect against the tendency to save up miles indefinitely looking for the perfect redemption. This is definitely a place where you should not let the perfect be the enemy of the good.