Grey Market - Frequent-flyer Miles

Frequent-flyer Miles

Trade or bartering of frequent-flyer miles is prohibited by nearly all major airlines, although an authorized medium exists for specific frequent flyer programs. Unauthorized exchanges of frequent flyer miles – of which several exist – are also useful examples of grey markets.

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Famous quotes containing the word miles:

    “Casting me adrift, 3500 miles from a port of call. You’re sending me to my doom, eh? Well, you’re wrong, Christian! I’ll take this boat as she floats to England if I must. I’ll live to see you—all of you—hanging from the highest yardarms in the British fleet.”
    —Talbot Jennings (1896–1985)