JP mile value
 

I noticed several times that the generic value of 1 JP mile pegged at 60 paisa.
I spent quite a bit of time trying to look at several redemption options, Domestic and International, Int Business class redemption, revenue ticket + upgrade, Domestic cash & miles and I noticed that I couldn't get a better rate than 60 paisa.
Advance domestic redemption gives you the worst value per JP mile.

Last min redemption will definitely get you better value, but redeeming for international tickets a bit in advance usually gets you around 60 paisa.
Anything more than that would be a good deal IMHO.

I apologize if I broke any rules by opening a new thread, Just wanted to share my analysis.

This may vary from person to person and a route to route basis. Not including the class of booking and the number of days before departure.

I have in the past been able to redeem JP Miles for a pre-tax value of ~90 paise.

i agree....there is no set formula for this....i used to find international business class redemptions to be best value but with the increased miles requirement its not so good anymore....

Yeah I know, hopefully people can share the value they receive for their redemption here..
The best so far for me was a 5 hour prior booking made in Nov 2014, HYD-BOM segment, 5000 miles instead of a 16000 revenue ticket. 3.2 Rs per mile :)

You can mostly get better value in international business class Redemptions in partner airlines.

I just booked a Jetairways Cash N Miles return ticket for HYD-BLR for travel during 1st week of May 2015
Cheapest return revenue ticket @ 7825
Cash&Miles combo @ 5451 (with 1000 miles)
saving of 2374 for 1000 miles
value per mile = 2.37

http://ravikiran.name/2015/04/18/jet...-cash-n-miles/