Goodness gracious, but this is getting like a broken record. American Airlines this week announced major changes to its AAdvantage frequent flyer program, joining its competitors Delta and United as predicted here. Starting August 1, 2016, American will award points based on dollars spent with the airline, instead of based on distance flown, as it has until now. I can already hear the howls as mileage balances drop like rocks.
“The only people who are going to be really pleased are the uber-flyers, who are already doing quite well,” says George Hobica, founder of airfarewatchdog.com.
Read the rest of the story on my Forbes Seat 1A site.