Another devaluation: Emirates raises the cost of US-to-Europe 5th-freedom awards

Final month, Emirates increased award rates by around 20% on most of its flights to and from its Dubai hub. Now, simply weeks later, Emirates has elevated award costs by about 20% on its fifth-freedom flights from John F. Kennedy Worldwide Airport (JFK) to Milan Malpensa Airport (MXP) and from Newark Liberty Worldwide Airport (EWR) to Athens Worldwide Airport (ATH), as first reported by Thrifty Traveler.

Let’s take a better take a look at the latest adjustments on these New York Metropolis fifth-freedom flights.

Emirates devalues US-to-Europe award tickets


First, economy-class awards have not modified for now. You possibly can nonetheless count on to spend 45,000 miles for a round-trip saver award or 38,750 miles for a one-way Financial system Flex Plus award.

The most important adjustments are in regard to business- and first-class award tickets:

  • Saver business-class awards now value 108,000 miles round-trip, up from 90,000 miles.
  • One-way Enterprise Flex Plus awards have elevated to 87,000 miles one-way, up from 72,500 miles.
  • First-class awards now value 102,000 miles one-way, up from 85,000 miles.

As talked about, Enterprise Flex Plus awards will worth at 87,000 miles one-way. You may solely be capable of unlock the 54,000-mile award fee when looking for a round-trip itinerary (and, in fact, provided that there’s saver award house).

Conversely, there is no low cost for reserving a first-class award as a round-trip journey. Anticipate to spend 102,000 miles every means when there’s first-class award house.


Taxes and costs, which value the identical in each enterprise and top notch, run about $100 on awards to Europe and $150 on awards again to the U.S. So, when you ebook a round-trip flight, count on to spend $250 per individual in taxes and costs.

On the intense facet, these redemptions are nonetheless good on paper. For those who ebook a round-trip saver ticket from Newark to Milan in enterprise class, you are successfully flying to Europe for 54,000 miles one-way. On saver dates, money round-trip costs typically run round $3,000. That provides you roughly 2.7 cents per Emirates Skywards mile in worth — nonetheless greater than double TPG’s valuation of Skywards miles.


Keep in mind too that Emirates miles are among the many best to earn because of partnerships with many bank card issuers within the U.S. You possibly can presently switch factors from all of the major transferable rewards programs to Skywards miles at a 1:1 ratio:

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Chances are you’ll be tempted to test award charges with Air Canada Aeroplan when reserving Emirates, as Aeroplan and Emirates recently expanded their partnership. Nonetheless, Aeroplan will quickly introduce a particular award chart for Emirates flights which costs awards variably, so all the time examine your reserving choices. On the time of writing, you possibly can’t ebook Emirates first-class awards with Aeroplan, although that ought to be coming later this yr.

Associated: A tale of 2 cabins: A review of Emirates first class and economy

Backside line

Emirates Skywards devalued its award tickets from the U.S. to Europe. That is the most recent in Emirates’ sequence of devaluations, with us seeing the next adjustments for the reason that starting of final yr:

As well as, Emirates ended its partnership with JetBlue final September. This was a loss for U.S.-based Skywards members, since JetBlue Mint redemptions have been one of many program’s finest redemptions.

Take this as a reminder to redeem your miles. Hoarding them leaves them open to devaluations like this, and factors and miles rarely increase in value over time.

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