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Q: A straight forward way to think about airline miles ( No Answer,   3 Comments )
Question  
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?
Answer  
There is no answer at this time.

Comments  
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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