FlyerTalk Forums - View Single Post - What happens when you poke the bear. US DOT to codify refund rules.
Old Apr 25, 2024 | 4:24 pm
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blue2002
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Originally Posted by AJNEDC
How is this about to come back in fares? Whatever fare is charged, airlines will have to refund if the situations identified by this DOT policy occurs. Further, quite a bit of travel is price sensitive. I see no possible reason why this policy should result in price increases.
Airlines will adjust some of the fares upwards to maintain a contingency for these refunds / payments. Not all fares need to be adjusted, just the ones where "price sensitivity" is lower/lowest. Simple.
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