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.

Read more about this topic:  Grey Market

Famous quotes containing the word miles:

    “To be seventy years old is like climbing the Alps. You reach a snow-crowned summit, and see behind you the deep valley stretching miles and miles away, and before you other summits higher and whiter, which you may have strength to climb, or may not. Then you sit down and meditate and wonder which it will be.”
    —Henry Wadsworth Longfellow (1807–1882)