For the second time in just over a year, US Airways has raised the price of purchased miles. Effective immediately, miles now cost 3.5 cents each--a 27% increase over the 2.75 cents the miles were previously available at and a 40% increase over what miles cost just around this time last year.
Why the price increase? First, 3.5 cents per mile is around what most carrier charge, including Star Alliance partner United/Continental. Second, if the past is any indicator of the future, miles ...