Today is March 22,which is probably the most dreaded day of the calendar for us American AAdvantage loyalists. American's enormous award chart devaluation just kicked in, and many of my favorite awards went up in price by 60%+.
Doing an award search this morning and seeing that a US to Asia first class award now costs 110000 miles one-way is pretty brutal, or given that previously you could book such an award for just 67500 miles.
Bye bye first class on Cathay Pacific,Etihad Airways, Japan Airlines, and Qatar Airways,etc.
For reference, here's what American's modern first & commerce class saver level award chart looks like for travel to/from the US:With the above in mind, and I figured I'd share how much I assume American AAdvantage miles are worth post-devaluation. As a point of reference,before the devaluation I thought American miles were worth 1.8 cents each.
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Source: boardingarea.com