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Apparently TK Miles & Smiles has been rather severely devalued over the past few weeks.
I have miles with them transferred over from Citi, and most award ticket prices have increased
e.g. intra USA business has gone from 12.5K to 15K
USA – Central Africa (for example Nairobi) has gone from 49K to 72.5K (48% increase)
Interestingly awards from Turkey – USA still at 45K one way in business, but these changes happened without notice (I think) so perhaps this is a ticking time bomb