Is Emirates’ Devaluation Really This Absurd?!?

Happy new year to everyone… except Emirates Skywards.

Emirates Skywards’ horribly executed devaluation

A bit over a week ago I first wrote about how Emirates Skywards is devaluing first & business class awards:

  • Emirates Skywards didn’t provide any advance notice of these changes
  • After the changes started to be made, Emirates emailed me a press statement, but the program still hasn’t informed members of these changes
  • Based on the statement from Emirates, this will be a gradual devaluation that lasts for over five weeks, as changes are being made between December 22, 2022, and January 31, 2023
  • Initially Emirates didn’t even update its mileage calculator to reflect the new award costs, so members didn’t know whether the pricing changes were a glitch or intentional

Honestly, a no-notice devaluation that lasts for over five weeks and that’s not not even being communicated to members might just be one of the most poorly executed airline loyalty program devaluations I’ve ever witnessed.

Emirates’ devaluation is poorly executed

The devaluation is even worse than I thought

Since Emirates isn’t at all being transparent about this devaluation, we can only do our own research as to what exactly is changing with the pricing. At first I reported how it seemed like Emirates was increasing award prices by 20%, since that was the increase in first & business class award costs for the markets where I saw changes.

Emirates has updated its mileage calculator to reflect the new award pricing, even for markets where the new pricing hasn’t yet taken effect. This makes it clear that the devaluation is much, much worse than I could have ever imagined.

Emirates operates two fifth freedom flights from the United States, including New York to Milan and Newark to Athens. Currently the one-way cost of these flights is 85,000 miles in first class and 72,500 miles in business class.

How will that pricing be changing? Per the Skywards mileage calculator, a New York to Milan award will cost 168,750 miles in first class. Yes, that’s the one-way cost. Oh, you know, just a lil’ 99% increase in award pricing compared to the previous cost of 85,000 miles.

Emirates’ new first class award pricing

The same award in business class will cost 142,500 miles — hey, that’s “only” a 97% increase in award pricing, compared to the previous cost of 72,500 miles. Keep in mind that this award option was already devalued around a year ago, because in early 2022 these awards cost 45,000 miles one-way.

So yeah, in less than a year an award went from costing 45,000 miles to costing 142,500 miles, a 217% increase in award pricing.

Emirates’ new business class award pricing

Now, Emirates does still have a discount when you fly roundtrip in business class on a Saver award. That currently costs 90,000 miles roundtrip, while with the new award pricing it will cost 180,000 miles, representing a 100% increase in miles required.

Emirates’ new business class award pricing

But wait, it gets even worse!!!

As if the above isn’t bad enough, there’s even more bad news. One of the benefits of Emirates’ fifth freedom flights between the United States and Europe has historically been that carrier imposed surcharges are much lower than on Emirates’ other routes. For booking New York to Milan or Newark to Athens, you’d typically pay only around $100-150 in taxes & fees.

Since this is a gradual devaluation, Emirates isn’t updating pricing in all regions at once. It seems pricing has now been updated for travel out of Italy, including for Emirates’ Milan to New York flight. When redeeming miles, these tickets used to cost under 150 Euro in taxes & fees. Now the taxes, fees, and carrier imposed surcharges have been increased to over 1,200 Euro.

Milan to New York in first class used to cost 85,000 miles plus 150 Euro, while it now costs 168,750 miles and 1,211 Euro.

Emirates’ new first class award pricing

The same route in business class used to cost 72,500 miles plus 150 Euro, while it now costs 142,500 miles and 1,211 Euro. Never mind that around a year ago this cost 45,000 miles plus 150 Euro.

Emirates’ new business class award pricing

I’m kind of at a loss for words. This might just be one of the worst award travel devaluations we’ve ever seen (and that’s quite an accomplishment).

Bottom line

Not only is Emirates Skywards’ devaluation being rolled out very poorly, but the actual implications here are awful. In particular, the value of fifth freedom award flights to and from the United States is being destroyed (and that’s putting it kindly).

First class awards are increasing in cost by 99%, from 85,000 miles to 168,750 miles. Business class awards are increasing in cost by 97%, from 72,500 miles to 142,500 miles. On top of that, these flights are getting an additional 1,000+ Euro in carrier imposed surcharges in each direction.

Awful, awful, awful…

What do you make of this Emirates Skywards devaluation?

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Sam Guest

@Lucky-With these increases, one would at least hope that they make Award Seats available. Are you or anyone noticing any change in the availability of awards in first class or is it pretty much the same as before which was close to departure date? Thanks!

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Experienced Traveller Guest

It seems to me that awards , both airlines and hotels are basically on the ''way out''. People now want lower prices not points , many are changing

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Robert Guest

Since earning via Skywards is how horribly unattractive, is there a better programme in which to credit EK miles? I know you can credit EK miles to QF, TP and a few others, but not sure which comes out on top.

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Günni Guest

Emirates is an airline to avoid at all cost ! I am proud I never flew them and I have no plans in the future as well. And yeah, I do feel proud about these facts !

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Joe Jordan Guest

I'm glad this state subsidized carrier is taking it on the chin. The Emerati buys their planes and they pay their people poverty wages though I guess it goes along way in the sultanate. I've had captains tell me they make less than a US carriers junior flight attendants. It's about time these airlines had to compete on a fair playing field.......or should I say fare playing field.

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