It’s quite simple, actually! Just like US Airways and United Airlines are partners, Iceland’s flag airline, Icelandair, and United States’ seventh largest airline and a major operator to Hawaii, Alaska Airlines are airline partners with reciprocal frequent flyer benefits.
At this time, you can buy Icelandair miles at a very attractive price and redeem them for flights on Alaska Airlines at a very low rate compared to US carrier’s mileage award levels.
Let’s take a quick look on how this works:
2) Once a member, log-in and purchase Saga Club frequent flyer miles. If you do so by September 28, 2012 you earn a free 20% bonus on top of the miles you purchase.
3) Amount of Saga Club miles required to book Alaska Airlines awards listed on this page. Basically, 20,000 roundtrip for coach, 30,000 roundtrip for First Class.
4) Verify Saver award availability online via Alaska Airlines directly. Disregard the amount of miles Alaska Airlines list since that is for their own customers, not Icelandair’s Saga members, but be sure it is Saver availability, because that is the only thing Icelandair sees! NOTE: If you have specific dates in mind, you might want to do this first.
I’ll be definitely getting my hands on some Saga miles to cover 2 or 3 trips to Hawaii in First Class since this is an amazing deal!