flatlander

That is for a fully refundable ticket that allows travel on any route pretty much no matter how silly or transcontinental, 2 stopovers of any duration (up to the total ticket validity of a year), probably allows travel on other airlines, etc, etc. It's like the maximum hotel rate written on the hotel room door, actual rates are always lower.

Almost noone buys such a ticket. The standing joke is that the full F, J or Y fares only exist to calculate proportional discount or fare allowance for industry discount, corporate travel allowance, etc since noone ever buys one.