FlyerTalk Forums - View Single Post - And the total number of BA Miles in circulation is....
Old Jun 15, 2006 | 3:21 am
  #11  
Raffles
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Originally Posted by BOH
Interesting how the value the liability of the unflown miles. Surely as BA are in control of the # of reward seats ever made available at any time in the future the liability is what they want it to be?
Not necessarily. If you redeem on a OW partner, or even redeem for one of the cr*ppy gifts currently being trialled, BA has to hand over real money to someone - so there is definitely a real liability.
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