British Airways Devalues Award Rates For LATAM Flights

Head for Points flagged that British Airways devalued award rates for LATAM flights. You might recall that British Airways just recently increased award rates for flights on Alaska Airlines and American Airlines.

New Economy Award Rates By Flight Distance

• Up to 650 miles: 8,500 Avios, up from 6,000 Avios
• 651-1,150 miles: 13,500 Avios, up from 9,000 Avios
• 1,151-2,000 miles: 15,500 Avios, up from 11,000 Avios
• 2,001-3,000 miles: 17,000 Avios, up from 13,000 Avios
• 3,001-4,000 miles: 31,250 Avios, up from 20,750 Avios
• 4,001-5,000 miles: 41,250 Avios, up from 25,750 Avios

I would imagine business class award rates have been devalued as well, but I haven't had a chance to dig into it yet.