@theskydigest: Amex buys a Delta mile for 1.2 cents. You'd pay 3.8 for the same mile. When you redeem it, it's worth about one cent. Three prices, one mile, and the gap between them is quietly the most profitable business in American aviation. Once you see it, every "free" flight you've ever booked looks different. The full documentary on how a credit card company ended up at the centre of the airline industry is on YouTube now: @theskydigest #aviation #avgeek #airlines #delta #amex #creditcards #frequentflyer #skymiles #travelhacks #pointsandmiles

The Sky Digest
The Sky Digest
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Thursday 04 June 2026 13:30:51 GMT
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darthwal
user608828033705 :
so the only person losing money in this scenario is Amex. how is the customer losing money if they never buy points off of Delta?
2026-07-07 13:43:09
1
user856401184
used-username :
I love walking into websites
2026-06-09 22:10:54
19
bryan7007
Bryan Meisel :
Amex paying that much is crazy because delta points are worth so low
2026-06-09 18:49:32
4
jasnu768
jasnu768 :
How do u know they buy at 1.2? Ur math wouldn’t even make sense because they credit the customer at 1 cent a mile
2026-07-28 02:11:25
0
queenaborshana
Aborshana :
My obsession 🥰
2026-06-04 23:16:03
1
excitedflippers
excitedflippers :
Nobody’s cashing points in at one cent unless they just have millions of points, they need to burn. I am about four cents a mile but I’ve got as high as $.35.
2026-06-07 17:42:03
3
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