devaluation

Tag Archives for devaluation.

Massive Devaluation Of Delta SkyMiles (Yes, Another One)

Delta SkyMiles is at it again. They’ve raised the price of award travel on their partner airlines with no one looking. They’ve done it by a lot. And they’ve done it after just raising award prices in October. During a global pandemic when awards should be easier and cheaper to get than ever. In fact Delta is now charging more than double what United and American charge for the best awards in many cases.

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Virgin Atlantic Restoring 2020 Award Pricing For Delta Transatlantic Non-Stop Flights

On New Years Day Virgin Atlantic updated its award pricing for travel on Delta. One of the few bright spots in Virgin’s Flying Club program was inexpensive Delta awards, so this was disappointing in the extreme. Prices went up in some cases more than 100%, largely focused on longer distance premium cabin awards.

Then, two days later, their spokespeople started saying that transatlantic awards wouldn’t go up as much as they had published and there would be an update. They’ve now said non-stop transatlantic awards will revert to their earlier pricing, but flying Delta anywhere else in the world or with connections will be a lot more expensive than it was in 2020 in many cases.

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Korean Air Will Postpone Devaluation Of SkyPass Frequent Flyer Program [Updated With 2 Year Extension]

korean air
Jan 06 2021

In December 2019 – shortly before the start of the pandemic – Korean Air announced a huge devaluation of their frequent flyer program with revenue-based mileage-earning and a new distance-based award chart coming in April 2021.

Korean Air has offered one of the more lucrative frequent flyer programs for many years, and access to outstanding award inventory not made available to its partners. However they’re also part of a joint venture with (and partially owned by) Delta, so devaluation of their mileage program was almost a given – at least until the pandemic hit.

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Happy New Year! Virgin Atlantic Devalues Awards On Delta With No Notice

Jan 01 2021

In general Virgin Atlantic has some of the least valuable miles but their points are ubiquitous since they’re a transfer partner of Chase, Ameriacn Express, and Citibank. They do have real sweet spots. My favorite is using their miles for ANA first class round trip to Tokyo for just 120,000 miles.

Perhaps their most useful redemption was award travel on Delta. Not anymore. And without any notice, boom, during the pandemic.

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No, Airline Bailouts And High Debt Don’t Have To Mean Frequent Flyer Devaluations

Nov 04 2020

Andrew Kunesh writes at The Points Guy website that a second airline bailout may mean frequent flyer program devaluations, and calls for legislation providing for the bailout to require airlines “not to devalue their loyalty programs until government funds are paid back.”

However there’s no fundamental reason that a bailout means loyalty program devaluation, any such restrictions are likely to be toothless in any case, and aren’t going to make it to the top of any legislator’s or regulator’s agenda.

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