Fly a flat bed to Madrid for 25,500 Avios and low fuel surcharges this spring. Economy awards start at 12,750 Avios + $71 or 3,200 Avios and $181 one way.

Iberia is offering a 25% discount on economy and Business Class awards booked by today (2/14/17) between Madrid and:

Miami, New York, Boston, Chicago, Zurich, London, Vienna, Moscow, Bogota, Medellin, Johannesburg, Panama, Shanghai, Mexico City, Lima, Santiago de Chile, Buenos Aires, and Havana

The discounts to/from the USA must be flown by June 14, 2017 with blackouts dates including all of April;

I've been hopping around Europe for the last few months with flight that I've booked a variety of ways:

Barcelona, Spain to Leipzig, Germany (cash, Vueling)
Prague, Czech Republic to Belgrade, Serbia (Etihad Guest miles, Air Serbia, Anatomy of an Award)
Belgrade to Tivat, Montenegro (cash, Air Serbia)
Sarajevo, Bosnia to Zagreb, Croatia (cash, Croatia Airlines)

Now I have two more flights coming up from Zagreb to Spain and back for a quick trip.

The Citi® / AAdvantage® Executive World Elite™ MasterCard® 60,000 mile offer has expired. Check out the current best credit card offers here.

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Let’s talk about how to use American Airlines miles for awards to Europe. This is not the best use of American Airlines miles because award space isn't great, and American collects fuel surcharges on two partners to Europe.

Membership Rewards used to transfer 1,000:1,000 to British Airways Avios, but the rate was cut to 250:200 on October 1, 2015.

Through the end of the year, though, you can temporarily get the old 1:1 rate through a two-step process.

Transfer Membership Rewards 1:1 to Iberia Avios during the current 25% transfer bonus.

Transfer Iberia Avios 1:1 to Brit

I'm on record saying that I don't think the British Airways devaluation from last month is a big deal. Only Business and First Class awards went up in price, and the vast majority of good Avios redemptions are short, direct, economy awards.

Well there's another good part of the "devaluation" that I haven't covered yet: the introduction of cheaper off peak awards on British Airways and Iberia flights. Here's the new award chart that shows off peak award prices next to peak award prices.
New Award Chart
Off peak awards are only possible on British Airways and Iberia flights.

Remember that Avios devaluation from last week?