[T]he way to get value out of SkyMiles remains to use them for international business class awards on partner airlines. And the funny thing is, that’s how you’d usually get value out of SkyMiles even before their recent devaluations.
There’s frequently a huge discrepancy in pricing between awards on Delta and awards on partners. So I still think that where Delta eventually goes is to change the pricing model for travel on partners. Here’s how that would work.