Overall, both of these award models reward high spenders and make it more difficult for infrequent flyers to accumulate miles, directly affecting the value of mileage programs. This means that business travelers and customers who often take short, but expensive, flights will benefit the most. Beyond our aggregate study, we also conducted in-depth analyses for each individual airline frequent flyer program mentioned above.
We recommend reading the articles below for a granular discussion on how to maximize the value of your miles. As the coronavirus continues to impact travel, consumers are concerned about the fate of their airline miles, the value of their miles and the financial prospects of the airline industry.
Generally, miles are not holding their value well. Airlines are making it harder than ever to redeem miles, as they want customers to pay cash for financial stimulus. And those who are frequent flyers for business or leisure are sitting on the sidelines until regular travel resumes. Since we value Delta SkyMiles around 1. Because of situations like this, it is more important than ever to have a points and miles strategy to ensure your miles are protected.
If you have a significant amount of airline miles with any airline rewards program, keep these potential scenarios in mind:. Several airlines have already filed for bankruptcy because of the financial impact of the coronavirus.
This unfortunately directly affects consumers as their accrued airline miles become worthless. If you have airline miles with an airline that is facing a possible bankruptcy, it may be advantageous to get rid of your miles. If flying isn't in the near future for you, you might consider other redemption options, such as booking rental cars, buying gift cards or purchasing merchandise. Frequent flyer programs are big business for each airline. Their partnerships with credit card issuers, along with loyal customers, means consistent cash flow for the airline.
However, when too many airline miles are in circulation, it becomes a liability for the airline. The simple way for airlines to minimize this risk is to charge more miles for flights. This is known as "devaluation. United Airlines devalued their MileagePlus program at the start of The most significant change to the program was rewarding flyers for how much they spend, rather than how often they fly.
This devalues the program because it favors those who fly in expensive seats, rather than those who fly often. Thus, the miles you earn and your customer loyalty are worth less. Such devaluations reduce the value of loyalty, causing price to be the deciding factor for purchasing airfare. A lack of flying in will also drive loyalty program utilization down sharply. In short, the coronavirus pandemic could prove to be a turning point for airline loyalty programs, causing airlines to examine the value proposition of these programs for consumers.
If you do not travel frequently, it can be difficult to earn a large amount of airline miles. Additionally, each airline program has unique policies around points expiring, so a very infrequent traveler may find themselves earning and losing points. If this pertains to you, you may want to consider adding an airline miles credit card. These cards will earn you airline miles on each purchase on your preferred airline to use toward a future flight.
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Driving mileage : 0. You can share this map or return to it by using the link below. Login Username: Password: Join.
Mileage Calculator: Calculate the mileage of a flight between airports or the mileage of a car between addresses Enter a start and end point into the tool and click the calculate mileage button. The distance in miles and kilometers will display for the straight line or flight mileage along with the distance it would take to get there in a car, driving mileage. You can enter an address, city, zipcode, or airport code as both the start or end point and the tool will do the rest.
You can also compare the distance in mileage between driving and flying. When entering an Airport Code be sure to write the text "airport" after the the 3 digit code or it may not find it. Other uses for the mileage calculator Use the tool to decide if it is better to fly or drive on your next trip.
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