There is no single set of values for most of the points and miles programs, and the valuation entirely depends on what the points are worth. So, the value of the points and the mikes varies depending on how you use them. The different airlines gave different values for the points and the miles. There is information regarding some of the airlines and the value of their points and miles, which are as follows:
The value of 1000 airline miles depends on various factors, such as the different flights having different point values. The value also depends on how these miles or points are used. You will have to pay a different number of points for different services, such as upgrades, flight booking, and adding any extra services. The number of miles that will be used also depends on the route and the destination the flight is traveling to.
For most airlines, free flights usually start at 5,000 to 7,500 miles per one-way part. So, if you are going to book a round-trip flight, then you will have to pay at least 10,000 to 15,000 miles. The value and the number of points may vary depending on the airline.
Yes, the airline's miles can expire, but there are also some programs that have different policies. The expiration time for the airline miles generally expires afetr 1-3 years, but it does depend on the program. For instance, the Air Canada Aeroplan miles expire after 18 months of inactivity. While the mile points of the airlines such as the British Airways Avios and the Lufthansa and the swiss airline miles and more expire after the 36 months. There are also some airlines that do not expire the miles which are such as Delta Airlines, united, Hawaiian, southwest, and jetblue. These airlines do not expire the miles.
When you cancel flights purchased using miles, most airlines do not charge a cancellation fee. Other than this, you must know that the miles will generally be reinstated and even the taxes and the fees you paid will usually be refunded. For further information, you can also contact customer service at the particular airline and can put your queries; the customer service executive will provide you the answer to all your queries and you will get the resolutions for the same.
Bottom line: This was all the information and the answers you were looking for regarding the travel points and miles. Hope now you know all the information and understand the value of miles