Originally Posted by jackal

I just watched the special last night on CNBC of a week in the life of AA. Interesting, though I'm disappointed they didn't mention FT in the final segment about mileage junkies...

Anyway, the reporter asked the president of AAdvantage how much Citi paid AA for the miles and was told that that was a very closely-held secret.

I'm sure it's a secret that's been leaked, so I was wondering if anyone had a clue what it was.

I'm curious because I was talking with a businessman who offered AS miles with his products, and he told me he had to pay the going rate of $.02/mile--the same rate as is offered to the general public for buying miles--even though he bought them in bulk.

Now, I'm sure Citi gets a much better deal (since they're buying miles on the order of probably billions, not just a few hundred thousand), so I'm just curious what sort of a deal they get...