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.