Total revenues decreased by 20.8 per cent during the second quarter, reflecting a weak economic environment in Brazil and significant devaluations of Latin American currencies. (breakingtravelnews.com)
Fast forward six years and the program and Club Carlson credit cards have undergone significant devaluations, the Maldives properties never came to be and some of their best properties have left the program. (flyertalk.com)
«If you are a casual flier on these lower fares, it's a pretty significant devaluation,» Sorensen says. (creditcards.com)