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Avianca Declares Bankruptcy. What Happens To LifeMiles?

May 10 2020

Two and a half weeks ago I warned that Avianca seemed likely to file for bankruptcy. Now it has filed in the U.S. Bankruptcy Court for the Southern District of New York.

United Airlines, which knew the situation well, had already written down $700 million worth of debt down to $3 million. The Colombia-based carrier already ceased commercial flying two months ago and furloughed most employees. It is winding down its operation in Peru.

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25% Transfer Bonus From Citi to Star Alliance Program Avianca LifeMiles

aviancaplane
Nov 18 2019

You can fly business class to Europe for 63,000 miles each way or Southeast Asia for 78,000. First class (Lufthansa) is 87,000 miles each way between the US and Europe. And that’s before special deals or cutting the cost with lower-cabin connecting flights.

And right now you can transfer points from Citi with a 25% bonus (or earn a 50% bigger than normal bonus from the LifeMiles credit card).

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Stack 2 Discounts For Big Savings: Buy LifeMiles 1.35 Cents Each, Then Redeem Awards Up to 31% Off

Sep 11 2019

LifeMiles is one of the best frequent flyer programs for advanced miles and points collectors because they have hidden deals and there are tricks to reduce the price of awards.

I once heard the head of the program give a presentation where he called miles earned by flying “bad miles” and miles sold to partners (like banks) and to customers “good miles.” This frequent flyer program is basically the consolidator for Star Alliance airline excess premium cabin inventory. Lots of ways to get their miles cheap, and use them for seats that their partners aren’t going to sell for cash (saver award inventory).

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