Why it matters
Affects 4 airline programs (Air France-KLM, Alaska Airlines, Cathay Pacific...). Spans 4 hotel programs (Choice Privileges, Hilton Honors, Marriott Bonvoy...). Card-issuer angle via Bilt. Likely a devaluation — book before any cutoff if applicable.
What happened
Avianca LifeMiles implemented a 20% increase in award redemption costs across its program. The devaluation occurred without advance notice to members. This marks the third devaluation for the program in just over a year, continuing a trend of reducing the value of miles for frequent flyers
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