The general consensus is that American Airlines miles have a baseline value of a penny each. On that basis, 25,000 miles would be worth $250. However, the dollar price isn’t the only way to evaluate miles. You could instead answer the question by stating what you can get for 25,000 American Airlines miles. With a little digging, you may be able to optimize the value of your AA miles well above the baseline. The first thing to know is that American Airlines uses regional price charts for its AAdvantage frequent flyer program. That means you redeem the same number of miles for any destinations within the same region. Three programs are available to redeem your AA miles: MileSAAver awards: These provide heavily discounted seats, requiring as few as 7,500 miles for a free ticket. Only selected routes will offer these tickets, and the routes can change quickly. Naturally, these tickets go fast, so it takes a little luck to snag one. AAnytime awards: Generally available for all flights, these seats will require more (sometimes, several times more) miles than MileSAAver awards. Web Special awards: Getting one of these is akin to winning the lottery, with selected seats and dates requiring as few as 5,000 frequent flyer miles. They show up during the booking process but remember that these tickets do not allow any changes.