The other day, I wanted to make a reservation using British Airways frequent flier miles for a flight between NYC and London. In business class. I looked and the flights I wanted were available for 100K miles. That's good. Then the fees.
British Airways is known for their high fees when using FF miles. In the past, I've paid around $1000 for a round trip flight in business class. Not too bad but not too good.
However, now, the fee is up to $1750. That's more than 50% of the cost of business class fare without miles.
I think I'll save my miles for codeshare flights on other airlines where the fees are lower.