Originally Posted by
rw2841
With the sharp increase in ticket prices on all of the airlines related to fuel (The ORF/FLL ticket I bought 30 days ago has now doubled), what are readers' thoughts on increased mileage requirements for One Pass rewards?? Who will be the first to implement increases - UA, AA, DL, CO?? Will rewards be even harder to come by than today, or easier due to increased empty seats?? Lots to think about!!!!
In one sense flyer miles are sort of "inflation proof" in the sense that you earn miles based on miles flown. (As an example, think about a case of hyperinflation where prices rose tenfold - suddenly a domestic flight might be $3000 or more. But it still takes you the same amount of time to earn your free flight so no need to adjust.)
However, with miles earned based on currency (such as credit card earning miles), they are no longer inflation proof.
Now, in a case of hyperinflation, if I spend $25,000 on a new plasma TV, I will receive a free flight as a bonus (while in the past, I would have had to buy ten of those TV's to earn a free flight).