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| Subject:
A straight forward way to think about airline miles
Category: Business and Money Asked by: zero_mile_club-ga List Price: $20.00 |
Posted:
17 Nov 2005 14:58 PST
Expires: 17 Dec 2005 14:58 PST Question ID: 594344 |
What is the value of airline miles as a percentage of the cost of the tickets that earn them. In otherwords, if I convert my airline miles into tickets, and then divide the cash value of those tickets by the money I spent earning those miles, what is the percentage I am getting back? |
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| Subject:
Re: A straight forward way to think about airline miles
From: zeus1233-ga on 26 Nov 2005 22:35 PST |
I remember reading in the New York Times earlier this year that a frequent flier mile is worth approximately 1.4 cents on average across the major American airlines. This should help you do any conversion you need to do. |
| Subject:
Re: A straight forward way to think about airline miles
From: zeus1233-ga on 26 Nov 2005 22:38 PST |
I should add one thing--the value of the mile is totally dependent upon how you use it and how you earn it. |
| Subject:
Re: A straight forward way to think about airline miles
From: zero_mile_club-ga on 27 Nov 2005 01:33 PST |
Thanks. What I need to know also, is how much does it cost, on average, to earn a flier mile? Also, it may seem like a stupid question, but is a flier mile related *directly* to the actual physical miles flown on a 1 to 1 basis? |
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