Last week I booked a trip from LAX to Australia on V-Australia Airlines. The airfare was $350, the various taxes were $314 for a total ticket cost of $664.
Today I had to cancel the trip because I can't go due to work obligations. So I called the airline and they told me the cancellation fee is $500! They are charging me more for the cancellation fee that the airfare! They are keeping the entire airfare along with $150 of the tax. Can they do that? This seems totally unfair. They make $350 if I occupy the seat, and $500 if I don't occupy the seat. I'm surprised that this practice is legal.
Oh well, serves me right for booking a plane ticket in the first place. I should always expect to get fleeced like this when I'm considering air travel.