A while back Gary coined the term “SkyPesos” to refer to Delta’s SkyMiles. I use the term without thinking twice about it nowadays, and often get emails asking me why I refer to Delta miles as “SkyPesos.” If you actually try to redeem miles with Delta, I’m sure you know why we’d use that term.
Here’s a classic example. Back in August Delta announced they would start service to Iceland next year, once daily from New York. Naively, I said I would be using my SkyMiles for a trip to Iceland, even though it’s not a great use of miles. When I said it wasn’t a great use of miles, I meant that redeeming 100,000 miles for business class on a flight that’s under six hours might be considered a waste.
Boy, was I dreaming! 100,000 miles in business class? Try 350,000 miles! I typed in two random dates in June, and out popped the high redemption rate of 350,000 miles per passenger. Hmm, I guess someone must already be booked in business class that day. I mean, it’s one thing if they only offer a “medium” tier award, but only “high” tier, really? Nope, not a single seat is taken in business class in either direction.
I had a look at the calendar, fully expecting that others days might be better. Nope, in the entire schedule, both ways, there’s not a single “low” tier award.
And that’s why we call ’em SkyPesos…