Asia Miles Devaluation Coming April 2025

Starting 15 April 2025, you can expect to pay more Asia Miles for Cathay Pacific redemptions. While the devaluation isn’t huge, it’s worth noting that Asia Miles already devalued their award chart in 2023. The good news? Partner redemptions are unaffected by this change — for now.

With the recent announcement, we’re seeing some economy pricing go down, while premium cabin costs are on the rise. If you’ve got a redemption planned, it’s probably a smart move to lock it in before 15 April 2025.

Asia Miles are set to devalue from April 15th, 2025.

The Cathay Pacific Award Chart Devaluation

Australians looking to use their Asia Miles to get to Hong Kong or anywhere within the 0–5,000 mile band can breathe easy — this is the only segment that appears to be unaffected by the upcoming changes.

Further afield, we’ll see an increase in the 5,001–7,500 mile band, where business class jumps from 84,000 to 88,000 miles. In the 7,501+ mile band, business redemptions increase from 110,000 to 115,000 miles.

For example, a business class flight from Perth to Hong Kong and onward to Bangkok with Cathay Pacific still falls under the 5,000-mile threshold, so it’ll remain at 58,000 Asia Miles going forward — no changes there.

What Else is Changing?

While the hikes in business and first class pricing are the headline, there are actually a few price drops in economy and premium economy — great news for those redeeming on shorter regional routes.

Here’s a snapshot of the key changes:

Increases

• Business Class (5,001–7,500 miles): 84,000 → 88,000 miles
• Business Class (7,501+ miles): 110,000 → 115,000 miles
• First Class (7,501+ miles): 160,000 → 170,000 miles

Decreases

• Economy (1–750 miles): 10,000 → 8,000 miles
• Economy (751–2,750 miles): 20,000 → 17,000 miles
• Premium Economy (2,751–5,000 miles): 35,000 → 32,000 miles

So while Cathay is tightening things up at the top end, there’s still decent value for short hops in the region.

Partner Awards Remain Untouched (For Now)

One major upside is that partner redemptions won’t be changing. That means if you’re flying with oneworld partners like Qantas, Qatar Airways, or Japan Airlines, you’ll still be redeeming at the existing rates. Just keep in mind that Cathay’s own flights generally offer better value than partner redemptions on the same routes — so this reprieve only goes so far.

Should You Redeem Now?

In short: yes, especially if you’ve got travel plans involving long-haul Cathay Pacific flights in business or first class.

While this isn’t the most brutal devaluation we’ve seen, it adds to a worrying trend. After the 2023 increase, this marks the second hit in under two years. The changes aren’t devastating, but they do chip away at the program’s value — especially for those aiming to redeem premium cabin awards.

The silver lining? There’s still a sweet spot in the 0–5,000 mile range, which covers plenty of Australia–Asia routes.

Final Thoughts

Devaluations are never fun, but at least this one gives us some notice. You’ve got until 15 April 2025 to book under the current award chart — and if you’ve been holding off on locking in a Cathay redemption, now’s the time to get moving.

Remember, points are meant to be used. A booking in the calendar is worth more than miles sitting idle.