Hopefully it's in prep for dropping YQ http://www.ft.com/intl/cms/s/0/9b321b5a-a5ea-11e4-abe9-00144feab7de.html#axzz3Q7lLHTEx
Hard to believe it was a coincidence of them having the MR 40% transfer promo in the month before announcing the devaluation.
i was about to stock up 500k+ but i think i'm gonna hold of for now
If your main use is short haul (coach) flights, then the deval doesn't affect you.
News from the Iberia side looks worsePDF of Iberia Award Charts
Even that is not terrible. Short hauls go from 4500 OW to 5500
What were you going to use them for?
True, but why would I book with IB if I can just transfer to BA and save?
USA-TLV it will run me 1/3 more to fly from 60 to 90k on J and 90 to 120k on F +YQ the only hope is if BA will drop the hefty YQ then it will sweeten the dev
Check your other options from MR and see if it still make sense to transfer now with the 40% bonus.