My voucher offer is for an additional $35 USD on top of the ticket value of $41.74. The flight (a short hop ARN-TLL) had a fare of
only ~$6 and the rest are taxes.

This could be my best performing investment of the year ..... Wonder how they are pricing the incentive amounts.

They say the voucher can be available within 2 days, which only lends more credence to the refund delays being a cash conservation
measure more than an IT or processing one.