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:

    “... ideals, standards, aspirations,—those are chameleon words, and take color from their speakers,—often false tints. A scholarly man of my acquaintance once told me that he traveled a thousand miles into the desert to get away from the word uplift, and it was the first word he heard after he reached his destination.”
    —Carolyn Wells (1862–1942)