In an effort to boost liquidity, American is considering the advance sale of AAdvantage miles to CitiBank, its longtime credit card partner. If this transaction proceeds, American will join other airlines in the advance sale of miles to raise cash in a tight credit market.
I’ve posted before that AAdvantage offers the best award availability of any of the traditional frequency plans. In my opinion (and feel free to comment if you disagree), one of the reasons behind this is that American has not flooded the market with miles at the same level of some of its competitors. I hope this potential advance sale of miles does not change that.
It’s annoying and confiscatory “award fees” aside, AAdvantage continues to be best in class among traditional airline mileage programs, and I continue to accrue AAdvantage miles at every opportunity.
Hi Oliver. Thanks for reading. I took advantage (or should I say AAdvantage) of that same promo. There are definitely many ways to earn AAdvantage miles without flying. But I continue to believe that American has not historically flooded the market with as many miles as its competitors, especially in the credit card arena.
I am not a frequent AA flyer, but I am not sure that I’d agree that AAdvantage is any less generous with their miles than their manjor US competitors. The promos seem very similar, and last year I got 300 miles for watching some silly Bose commercial online.