American Airlines scraps traditional frequent flyer award chart in dynamic pricing shift
Publishing timestamp: 2023-04-05 17:00:48
Summary
American Airlines is replacing its frequent flyer award chart with a new chart that reflects the shift to dynamic pricing. The new chart will show starting points for frequent flyer redemptions, and will serve as a reference guide. American introduced dynamic pricing for award tickets in 2019, meaning the number of miles required to redeem for a ticket fluctuates based on supply and demand. The new redemption level will be called "Flight Awards," and American will no longer have different redemption categories.
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Keywords: aerospace and defense industry, markets, airlines, travel, united states, breaking news: business, business news, american airlines group inc, canada, life, business, transportation,
Source: https://www.cnbc.com/2023/04/05/american-airlines-frequent-flyer-award-chart-dynamic-pricing.html