What is Emirates Skywards's devaluation history?
Emirates Skywards last devalued on 12 May 2025 (460 days ago). 1 recorded devaluation and 0 enhancements since 2025.
Full history
Announced 12 May 2025 · 12 May 2025
Skywards gated First Class award redemptions behind elite tier status, closing the cabin to base-tier members
Source: The Miles Market: 2025-2026 Devaluation Playbook, verified 7 Aug 2026