FlyerTalk Forums - View Single Post - AA Devaluation: Why is This Legal?
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Old Jan 6, 2003 | 10:09 am
  #70  
mdtony
 
Join Date: Apr 2001
Location: Bethesda, MD USA
Posts: 2,802
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by anthonyanthony:
When FF programs first started, you could fly coast to coast four times RT and get a free ticket (20000 miles for a domstic reward). A few years ago they changed it so that you now have to fly five times for a free ticket (25000 miles for a domestic reward); inflation had nothing to do with it. We are talking about an unabashed devaluation.</font>
If you believe in the free market, you should believe that companies can set the price of their product at whatever rate they want. You are, of course, free to not participate in AMR's program if you don't like the new terms. But in a free market economy, companies can set the price for their product as they see fit. The price can be expressed in dollars, miles, kumquats, or whatever else AMR decides to take in exchange for their tickets.
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