Originally Posted by
CarefreeBA
They do. It requires a degree of manual calculation, but the calculation is as follows.
Refund amount = Fare Paid ($1800) - Flown Fare* - Cancellation Fee
Your flown fare would be the price you would've paid had you have purchased a one way ticket in your class of travel on the day that that it was last ticketed. This is often a little more than 60% of than the return fare.
that’s very useful but how can one determine “the price would’ve paid had you purchased one way ticket that day”? Cathay keeps a historical rate for all flights?