The Department of Transportation is investigating if major airline frequent flyer programs use deceptive valuation practices against their customers.

Airlines’ highly lucrative – and sometimes mysterious – frequent flyer and credit card rewards programs are now subject to an unprecedented federal consumer protection probe.

The DOT is investigating the 4 major airlines for potential deceptive practices related to their frequent flyer programs.

The typical airline passenger probably never thinks about the economics of frequent flyer programs, but the programs have become crucial for airlines to generate the profits needed to stay afloat.

By Pete Muntean, CNN (CNN) — Airlines’ highly lucrative – and sometimes mysterious – frequent flyer and credit card rewards programs are now subject to an unprecedented federal consumer ...

Airlines’ highly lucrative – and sometimes mysterious – frequent flyer and credit card rewards programs are now subject to an unprecedented federal consumer protection probe.

(CNN) — Airlines’ highly lucrative – and sometimes mysterious – frequent flyer and credit card rewards programs are now subject to an unprecedented federal consumer protection probe. The ...

Airlines’ highly lucrative – and sometimes mysterious – frequent flyer and credit card rewards programs are now subject to an unprecedented federal consumer protection probe.