Amex removing Etihad Guest as transfer partner from 23 June 2026

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According to this page:

Etihad Airways: Effective from 5pm (AEST) on 23 June 2026, if you are enrolled in a Membership Rewards program with Etihad Airways, the ability to transfer Membership Rewards points to the Etihad Guest loyalty program will no longer be available.
 
Does Etihad have any sweet spots left in the Etihad Guest program these days? I honestly haven’t bothered looking since the old Velocity partnership, mostly because the redemption rates have always felt pretty bad.

When they’re asking 500k–1M points for a single flight like it’s totally normal, it makes me wonder if I’m missing something.

Is there actually some hidden value in there?
 
Etihad effectively removed themselves as a transfer partner from any program a few years ago when they jacked up their USD copayments (especially) for F and J redemptions per person per sector. Others have since caught up and even exceeded them now of course.
 

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