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4 dni temu · This gives a CPP value of 1.29 cents per mile. The same flight in business class for 95,000 miles versus $1,110 in cash (including $7.50 in taxes). This gives a CPP value of 1.15 cents per mile. The same flight in first class for 107,000 miles versus $1,610 in cash (including $7.50 in taxes). This gives a CPP value of 1.5 cents per mile.
6 dni temu · Calculation Formula. The formula to convert airline miles to dollars is simple: \[ \text{Total Value} = \left( \frac{\text{Airline Miles} \times \text{Miles Value}}{100} \right) + \text{Additional Costs} \] where: Airline Miles are the miles you intend to redeem, Miles Value is the value of a mile in cents, and; Additional Costs include any ...
5 dni temu · 2 months later: $450 flight, 30000 miles, $50 in taxes for miles redemption = value of $0.013/mile. 1. Re: The value of an airline mile. I don’t overthink it. I don’t use cents per mile just compare the miles to the cash price; obviously that would give you cents per mile but I don’t think of it that way.
4 dni temu · To use this method, you simply multiply the business miles driven by the standard rate to calculate your deduction. This method is favored for its simplicity, as it doesn't require detailed tracking of all vehicle-related expenses. Example: If you drove 10,000 miles for business in 2021, your deduction would be 10,000 miles x $0.56/mile ...
3 dni temu · Then, multiply the mileage flown (use Great Circle Mapper to quickly calculate the distance between two airports) by the percentage in the "Base miles" column. If you're flying in a premium fare class, you'll also earn the bonus listed in the "Cabin bonus" column.
4 dni temu · Sample: $550 flight, 25000 miles, $50 in taxes for miles redemption = value of $0.020/mile. 2 months later: $450 flight, 30000 miles, $50 in taxes for miles redemption = value of $0.013/mile. Of course there is the industry standard that is quoted on many sites and PR releases for various rewards systems, and then of course you can get a direct ...
5 dni temu · For example, when booking with Flying Blue miles, award tickets for children up to age 11 cost 25% fewer miles than adults. This means that when there are 50,000-mile business-class awards for adults, those same seats cost just 37,500 miles each way for kids in that age range.
