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carrier imposed fees

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i'm trying to book a multi city ticket out of sfo going to mumbai with a stopover in london. thanks to 'gold' status - that's how they get you - i tend to fly american.
i can purchase a ticket for $1650 or get an award ticket for 90k miles plus $825 in carrier imposed fees and taxes.
while the purchased ticket has options of flying partner airlines, the award ticket gives british airways as the only option to fly.

what is the point of award tickets at this price?

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