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Thread: What does AA get from CC co.s in exchange for Miles?
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Old May 28, 2008 | 6:08 pm
  #15  
broadwayblue
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Originally Posted by FWAAA
AA revealed in the most recent 10-K that it sold over 100 billion miles last year to its partners (credit cards, hotels, car rental, other airlines, etc). If AA was able to get a penny each, then that amounted a billion dollars, or a little more than 4% of AMR's total revenue.

To the OP: Ya didn't think AA gave them to Citi for free, did ya?
100 billion??? Wow, that's a lot of free tickets, even at AAnytime redemption levels.
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