I know some people might disagree with me, but I think this is definitely worse the the “enhancements” that Aeroplan brought in a few weeks back.
It’s not Aeroplan’s doing at all, but I would think it is indirectly related to the AA/US merger. What has happened this morning is that the Aeroplan -> US Airways transfer option via points.com has been removed. Previously, Aeroplan were able to be transferred to US Dividend Miles at a 1:0.84 ratio, but it seems like the transfer ratio has disappeared. 🙁
US Airways Dividend Miles are now not permitted to be transferred or traded, which is a huge blow to being able to fly many airlines without fuel surcharges, not to mention that the Aeroplan award levels in many instances are much higher, especially for first class.
Thus, for me, this is a huge devaluation. I am still beating myself over not transferring over for a North Asia trip. This also removes the ability to transfer AMEX Membership Rewards to US Airways.
I guess good deals come and go all the time but it’s still very disheartening to see this today.