Composite = Value 60×.35 + Stability 37×.25 + Liquidity 23×.20 + Consistency 79×.10 + Drag 88×.10 = 51.5.
Audit trail. Median computed from 502 priced corridors across 23 distinct chart cells (a chart cell = one points price × cabin). Pricing basis: dynamic. Value source: v5.3 route database — premium long-haul 6.0¢ on 70 routes (weight 70%) · everyday (economy + short-haul) 2.2¢ on 432 routes (weight 30%). Surcharge drag: 1.7%.
Off-peak partner business to Asia and Doha, and sub-10K web specials — a status vehicle first, currency second
2 of 6 bank currencies transfer in — Citi TY 1:1 · Bilt 1:1
Citi 1:1
Own-metal web specials are genuinely cheap; partner business (QSuites, JAL) takes phone patience
Dynamic creep on own metal; and the new Citi transfer revenue stream gives AA a fresh incentive to monetize — watch partner-chart integrity as the sentinel
Illustrative Etihad partner corridors bookable with AAdvantage miles via the Abu Dhabi hub (fixed partner pricing). Route-level estimates — the program rating and median are unchanged.
| Corridor | Cabin | Miles OW | Retail Est. | Net cpp | Book. |
|---|---|---|---|---|---|
| Middle East Hub → SE Asia | Business Studio | 40,000 | $4,200 | 10.5¢ | Moderate |
| Middle East Hub → SE Asia | First Apartments (A380 only) | 50,000 | $7,500 | 15.0¢ | Scarce |
| US → Middle East Hub | Business Studio | 70,000 | $5,600 | 8.0¢ | Easy |
Rows shaded blue reflect confirmed Redeem client redemptions.
Illustrative corridors modeled against the Redeem 100-node international ledger (v4.0, Q2 2026). Net cpp is a per-corridor estimate, not the program median.
| # | Corridor | Product | Miles OW | Retail | Net cpp |
|---|---|---|---|---|---|
| 01 | Middle East Hub → SE Asia | Etihad Business Studio | 40,000 | $4,200 | 10.5¢ |
| 02 | Middle East Hub → SE Asia | Etihad First Apartments | 50,000 | $7,500 | 15.0¢ |
| 03 | US → Europe | Iberia Business | 57,500 | $6,500 | 11.3¢ |
| 04 | Middle East Hub → SE Asia | Qatar QSuites | 40,000 | $4,800 | 12.0¢ |
| 05 | US → Tokyo | Various Business | 60,000 | $9,500 | 15.8¢ |
| 06 | US → Doha | Qatar QSuites | 70,000 | $8,200 | 11.7¢ |
| 07 | US → Australia | Qantas Business | 80,000 | $9,800 | 12.3¢ |
| 08 | US → South America | LATAM Business | 57,500 | $4,200 | 7.3¢ |
| 09 | US → Japan | JAL First Class | 60,000 | $22,000 | 36.7¢ |
| 10 | US → Europe | Finnair Business | 57,500 | $6,500 | 11.3¢ |
| 11 | US → Asia | Cathay First Class | 70,000 | $19,500 | 27.9¢ |
| 12 | US → Middle East Hub | Etihad Business Studio | 70,000 | $5,600 | 8.0¢ |
| 13 | US → Southeast Asia | Malaysia Business | 60,000 | $9,800 | 16.3¢ |
| 14 | US → Oceania | Qantas Business | 45,000 | $9,800 | 21.8¢ |
Rows shaded blue reflect Redeem-confirmed client redemptions.
| Index | Rating | Score | Median (net) |
|---|---|---|---|
| Master | BBB | 51.5 | 4.86¢ |
| Domestic USA | BB | 43.4 | 2.21¢ |
| International | BBB | 50.1 | 4.84¢ |