Via View from the Wing:
Through May 14, United is offering roundtrip coach awards to Europe for 40,000 miles. They just upped the price from 50,000 to 55,000 January 1. But times are tough, seats are empty, and United is betting they’ll stay that way at least until the “usually-busy-in-back” transatlantic summer season.
Normally I would never suggest redeeming miles for a coach award, but 40,000 miles to Europe is a steal. It’s still worth checking revenue fares first, since many fares to Europe are currently in the $400-600 range, but I’m sure there are some cases where this makes sense. For example, fares to Moscow aren’t anywhere near $600, so if you’re brave enough to fly coach and money is tighter than miles, this is a steal.
Unfortunately it’s only good for United metal flights booked on united.com, which means no open-jaws, stopovers, etc.