All,

From what I understand a full fare is a non-discounted, fully refundable fare, is that a correct definition?

If so, I have a quote, for a IATA route, that says a one-way full fare is US$ 5621.00, and for the same route, the round-trip fare listed is US$ 8898.00.

A couple of questions about these fares:

1) If the round-trip fare is less than the one-way fare, doesn't this go agains the definition of full-fare (non-discounted), since this fare is considering a discount from the one-way, because you are returning?

2) If that is so, then this fare should not be qualified as full fare, correct? Should the round-trip cost at least double of the one-way, if it indeed a full fare?? That is what happens in business class, for instance, there is no discount for round-trips....

Thanks in advance for your support!