How many dollars for 1 air mile Canadian?

Answer 1

This requires math. And it depends. We'll look at a worst case scenario, assuming you are flying within Canada. Flights from Toronto to Vancouver will require 3850 Airmiles if you fly between June 1 and Sep 15, 2009. This is found at airmiles.ca. At westjet.ca, I see that the regular price for a flight on June 1 and returning June 8 is $359 each way, ex of taxes, which you have to pay in cash when you redeem Airmiles. So the dollar value of the flight is 718. $718/3850 Airmiles = $0.1865 per Airmile. This can be done with anything else you want to price. Try to get the best dollar value per Airmile when you are redeeming. Flights may be cheaper. Another example is on the Airmiles website: a $25 Chapters/Indigo card for 185 Airmiles. This is $0.135 per Airmile. So the question is: what is the best value you get per Airmile. With these two comparisons, obviously the flight is better. But if the value of the flight goes down, the value of the Airmiles decreases. If the number of Airmiles decreases (like 2850 for the Toronto-Vancouver return flight in a non-peak period), then the value per Airmile increases. Another note: the value of Airmiles is steadily declining all the time. About 5 years ago I did some flight calculations and figure that Airmiles were worth about $0.50 each if you were using them for flights. Inflation's a bitch.