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Aegean Airlines Miles + Bonus loyalty program has been one of the most popular within the Star Alliance for years. The main reason has been that obtaining Miles + Bonus Gold status is one of the easiest ways to reach elite status in Star Alliance.

In November, Aegean released a new award chart devaluing their miles for a number of routes around the globe. While this is a common occurrence in the points and miles industry, Aegean did not formally announce any of these changes.

The silent overnight devaluation was not good form for this airline and has upset some people, who had to find out this news for themselves when looking at their award redemption options.

Here is the new award chart published on the Aegean website, showing round-trip rates:

And here is the old award chart, for comparison:

As you can see, there are some significant changes to the award chart that could affect the way you redeem your Miles + Bonus award miles. Here are the routes that were affected:

Europe and North Africa to North America

  • Increased 10,000 miles in economy.

  • Increased 20,000 miles in business.

  • Increased 30,000 miles in first class.

Europe and North Africa to Near East and Central Asia

  • Increased 10,000 miles in economy.

  • Increased 20,000 miles in business.

  • Increased 30,000 miles in first class.

Europe and North Africa to Far East

  • Increased 10,000 miles in economy.

  • Increased 20,000 miles in business.

  • Increased 30,000 miles in first class.

Far East to Far East

  • Increased 10,000 miles in economy.

  • Increased 23,000 in business.

  • Increased 10,000 in first class.

As you can see, travel to and from Europe and North Africa has been affected the most, especially for first class travelers.

While these changes aren't necessarily very major, the main point of contention is that they were not announced. The airline has been pushing their holiday specials hard, including Black Friday deals, Cyber Monday offers and Christmas promotions. However, they haven't released a single statement addressing the devaluation of their award chart.

The bottom line

All of this being said, the Aegean Miles + Bonus program is still a valuable loyalty program. There are still some good sweet spots on their award chart, such as the 150,000-mile round-trip business class flights to Asia you can redeem on United Polaris.

And while the award chart was devalued, the main selling point for this program has remained untouched. It's still relatively easy to obtain Gold status compared to other loyalty programs.

In order to earn Gold status with Aegean, all you need to do is fly Aegean or Olympic Air at least four times and earn 24,000 Tier Miles within 12 months. Or you can earn status by collecting 48,000 Tier Miles.

So all in all, this was a slight award chart devaluation — nothing uncommon in the points and miles world. However, Aegean Airlines could have handled the transition in a more transparent way.

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