![]() So, if you booked the flight for 18,000 miles plus $11.20, you would be getting approximately 2.15¢ per American mile. From there, you would divide the remaining cash price by the number of miles required. ![]() To figure out the American Airlines miles value, you would take the cash price and subtract the airline taxes and fees. In the meantime, you could book the same round-trip flight in the main cabin on the same dates for 18,000 to 21,000 American miles plus $11.20 in taxes and fees depending on the itinerary you choose. ![]() As you can see, a round-trip flight between these two cities would set you back $399 if you paid in cash and wanted to fly in the main cabin without dealing with the drawbacks of basic economy. This lets you get an approximate idea of how much each mile you redeem is worth -an important factor that can help guide you in your decision.Ĭonsider this example that shows the cash price for a round-trip flight from Indianapolis, Indiana (IND) to Miami, Florida (MIA) in September of 2023. To figure out how much value you'll get with American miles, compare the cash price of booking airfare to the cost of booking with miles, minus airline taxes and fees. However, there are always outliers and situations where you can get outsized value for your rewards. The value of an award ticket with the American AAdvantage program is loosely tied to the cost of a flight. How to calculate the value of American Airlines awards However, you'll still want to do the math for awards to know if you're getting a good deal - or if you should book your flight using a different rewards currency.īelow we explain how to calculate the value of American miles before you redeem for flights, other redemption options at your disposal, and how you can earn more miles over the long haul. That's when the frequent flyer program fully embraced its planned move to dynamic pricing, meaning the cost of awards can now go up or down based on the time of year, demand, and other factors.Īmerican Airlines still publishes an award chart that shows the "estimated starting values" for one-way trips, which can be helpful to give you an idea. Unfortunately, figuring out how much American Airlines miles are worth became much more difficult in April of 2023. Redemptions in a premium cabin, especially for international itineraries, can also offer better value for each mile you cash in. You can also get a lot more than the average redemption value if you find a low-cost award. You may get a lower redemption value if you book travel during peak travel times, or if you don't have the flexibility to consider alternative destinations and dates. American Airlines miles are worth approximately 1.5¢ each on average, although the final value you get for your miles will depend on how you redeem them.
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