FlyerTalk Forums - View Single Post - How FF programs work.

Feb 24, 2003 | 8:31 am

#9

Savvy Traveler

Used to be Sydneysider

Join Date: Jul 2001

Location: CPH

Programs: AS MVP/Gold (and 75K aspirant)

Posts: 2,984

Quote:

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Leona Helmsley:
"The actual monetary value is 2 cents per frequent flyer mile -- reportedly the airline industry average."

IMO, the author lost all credibility with that above statement. I'd love to cash in my miles for 2 cents each.</font>

I would never cash in miles for this lowball figure. In the past two months, I've redeemed 260,000 miles, 125K for a TLV-LHR-JFK round trip on BA, all in First except LHR-JFK on Concorde, and 135K for LAX-SYD/MEL-LAX in F on QF. Seeing as how full fare for each of these tickets is around US$10,000, I spent the miles at an average of 7.75 cents each.

I've also redeemed 145K for a trip later in the year for a longhaul roundtrip in CX F at a similar cost.

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