How Airline Miles Turned Into a Multibillion Dollar Currency
How a fringe marketing idea became the backbone of airline profits—and a gateway to global luxury travel
(Photo: Mateusz Atroszko/iStock)
Subscribe Now
This article is currently available to Reason Plus subscribers only. If you are a Reason Plus subscriber, log in here. Or subscribe to Reason Plus now.
Your Reason Plus subscription gives you instant access to brand new Reason magazine content and 50 years of Reason magazine archives.
This article originally appeared in print under the headline "The Rise—and Demise?—of Frequent Flyer Miles."
