http://www.teletext.co.uk/news/natio...threat%27.aspx

Air Miles 'under threat'

Frequent flyer Air Miles programmes could be scrapped by airlines due to new accountancy rules and the economic climate, it has been disclosed.

Airlines must place a much higher cost on their frequent flyer programmes, concierge company WhiteConcierge said.

This and high fuel prices could lead to airlines selling off all or part of their schemes or restricting them to a more select group, the company said.