Nationwide → MAD Economy Round-Trip Jan–Feb 2027 (Alaska Atmos Sale)
Nationwide Alaska Atmos Sale to Madrid from 40K Round-Trip
New York (JFK) to Madrid (MAD), Economy, Round Trip.
Madrid round-trip for 40,000 Alaska Atmos points plus about $95 in taxes from New York — and from 182 other cities at the exact same rate, which is what makes this one unusual. Cash on the same JFK–MAD dates runs $578.73, so you're getting roughly 1.2 cents per point. These are Main Cabin fares, not basic economy: free checked bag, free seat selection on Alaska and American flights, free changes, and miles back if you cancel. If the Alaska window doesn't fit, American is charging 42K–60K miles for the same route through spring.
Booking with Alaska
Go to alaskaair.com and check "Use points," then "Flexible dates."
Enter your full passenger count. Search one direction at a time — availability is much easier to find that way.
Scan the calendar for 20K each way. A round-trip search shows the combined total, so 40K is the number you want there.
Filter to American, Alaska, and Iberia only. Exclude British Airways — their surcharges will wreck the math.
Sort and filter by stops, points, and duration to find clean connections. This takes trial and error.
Once you've found availability in both directions, re-search those exact dates as a round-trip and book.
Booking with American
Start on aa.com's advanced search page and select "Redeem miles."
Choose "American Airlines" in the Airline dropdown before searching. Leave it on "All Airlines" if you want nonstop Iberia flights.
Enter your passenger count and search, then open the Calendar tab to see the widest spread of dates.
Look for 21K–30K each way. Sort by Main Cabin and Duration to find flights with workable connections.
Search one-way first to see the best availability, then re-search round-trip on your chosen dates to book.