Airlines tweak, cards launch, alliances shift - and your points are worth less if you blink. This week: SkyTeam lounges you can use, Delta’s new A350 suites, Hawaiian joining Oneworld, Citi’s Strata Elite bonus, and Southwest flying to Anchorage. Smart moves or wasted miles? Let’s break it down.

Delta hikes partner awards, Amex cuts the Biz Plat rebate, United swaps PlusPoints for “FlexPlus,” Hilton tests a $1.2K lounge+upgrade subscription, and BA slaps Qatar Avios with surcharges. Moral: stay nimble, diversify, and never hoard points waiting for “perfect.”