Miles & More Award Ticket Sale - Save 50% on Economy Class award tickets to Europe from Montreal and Toronto

As we do each month we bring you the latest set Miles & More "Meilenschnaeppchen" discounted mileage awards!  This month we see only Economy Class options for flying out of Montreal from Lufthansa and a 50% discount on economy class travel on Austrian Airlines between Toronto and Austria. The Lufthansa offers are for travel between May 1 and Jun 15, 16 (must be booked by Jan 31) while the Austrian offers are good for booking and travel until Mar 31, 16

You can redeem Miles & More miles for round trip tickets on Lufthansa from Montreal to Europe for only 30,000 miles. This is a 50% discount off the normal Economy Class award ticket price of 60,000 miles. The Austrian Airlines option out of Toronto is also a full 50% discount on economy class. Granted all these tickets will also have fuel surcharges but this is still a pretty good deal when you look at it as a whole in terms of miles+cash outlay.

The crazy thing is that you can actually get the round trip economy class tickets for only $5,000 in credit card spend (and a $120 annual fee). How so? As we usually mention in this post you can boost your Miles & More account with the Starwood Preferred Guest Credit Card from American Express. Currently the card comes with a 20,000 Starpoint sign up bonus. When you convert those 20,000 Starpoints to Miles & More SPG will award you an additional 5,000 miles. Which gives you 25,000 miles but if you spend $5,000 on the card you'll have 25,000 Starpoints and the 5,000 Miles bonus giving you the 30,000 miles required for this flight. Of course fuel surcharges and taxes are extra.

Simply book the offers seen here by January 31st (Lufthansa) or March 31st (Austrian).  
Full details on this offer can be found here