A friend of mine pointed out this funny video about United and Delta mileage devaluations that was on Bloomberg TV today.
It explains very simplistic and interesting way why the airlines are devaluing their frequent flier programs right now.
You can access this video on Bloomberg’s website here.
Well. I disagree with something said on the video. You do have a choice. If the airlines and hotels devalue their loyalty programs, why being loyal at all?