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Converting Frequent Flyer Miles: How Fungible are Miles Really?

December 16, 2013 Sam Simon 5

Today we’ll study up on the subject of Fungiblity of Miles.  Simply put–something is fungible if you can exchange individual units for back and forth with each other.  The classic example is cash–a $10 and 2 $5 bills are interchangeable.  At some point this idea of cash being fungible breaks down . Would  you accept 100 […]

Tagged #101, #201, #alliances, #MR, #SPG, #supply, #UR
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