How Airline Miles Turned Into a Multibillion Dollar Currency

reason.com/2025/07/26/qatar-airways-al-safwa-first-class-lounge-doha-qatar

This is part of Reason's 2025 summer travel issue. Click here to read the rest of the issue.
I joined my first frequent flyer program—American AAdvantage—before a trip to Australia in 1991. Sadly, I let those miles expire. Five years later I was out of college, flying regularly for…

This story appeared on reason.com, 2025-07-26 10:00:05.
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