View from the Wing - Devaluations are the (Black Coal) Christmas Gift to Us All: What Award...

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    About eight years ago I called the risk of devaluation “my greatest fear.” What if I can’t use 60,000 Cathay Pacific miles to fly British Airways business class to Europe anymore? What if 90,000 United miles no longer buys a business class ticket from the US to Australia? I suggested...
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