International Travel: The Numbers Game
International: This is where the magic happens; the general consensus is that buying miles for Business and First Class tickets in the case of international travel will save you around 30-70 percent of the published Airline price.
A Business Class ticket to Europe requires 80,000 miles. The average cost of a mile is 0.02 cents. This amounts to $ 1600-$1700 (depending of course, on the cost of a mile). Now compare this with the published fare of Airlines and other travel sites. The average business class fare to Europe varies from $3500 - $5500. It is evident that in this scenario, buying miles is hugely cheaper.
Asia: A Business Class ticket from New York to Hong Kong costs anywhere between $8000-$10,000. Let’s apply the same calculation as before: The miles required are 145000 with an average cost of 0.02 cents a mile. This gives a cost of $2900-$3000. Again a massive difference.
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The frequent flyer scheme has become as much part of the business traveler's life as a mobile phone or a passport. Indeed, when they were launched twenty-five years ago, air miles promised to be the passport to riches for those flyer loyal and busy enough to earn them.
For the average traveler, that means buying miles or points in order to reach a threshold for an award ticket. Most airline charge 3 to 5 cents per miles."
There is a group of traveler junkies so obsessed with racking up frequently flier miles, they scour the internet for deals that take them through little known airports."
