FlyerTalk Forums - View Single Post - [International] Change Fees No Longer Need To Be From "New Money"
Old May 6, 2010 | 9:36 am
  #10  
sbm12
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Originally Posted by bocastephen
Maybe I'm missing something - but whether they collect it up front or deduct it from any refund, don't they collect the same net fee?
You're missing the potential for spoilage and the time-value of money effect of collecting more cash now versus later.
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