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this post was submitted on 31 Oct 2024
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I guess the "current rate" for a canceled flight ticket would be $0...
I think @bitjunkie@lemmy.world is essentially referring to the cost of a replacement flight purchase the same day. The obvious answer is that action isn't required by law and would be massively more expensive for airlines. Rates for regular fares would have to skyrocket to cover the costs, which would create a vicious circle.
Why is that exactly? Does the airline face additional expenses when you book a flight the same day versus a month in advance?
The opposite. They can lose money when you book far in advance. They need the expensive close bookings (usually business travelers) to make the most of their money. So if the airlines are force to give away expensive profitable seats (expensive because they are in high demand), they'll have to raise the rates on other earlier bookings to make up the difference.
I'm not saying I think they should make the fares the same for people who book last-minute, just that they should exempt people who have to rebook through no fault of their own from that. Like "lock in" the rate at the initial booking.
I'm not sure I'm understanding you. I'm reading your post that a "flight booked for today" should be booked at the same rate that the person had if they book, lets say, 3 weeks prior. Is that what you're saying?
If I'm understanding you, that means the person pays a much smaller rate for a "today" booking. That would mean the airline has to lose money on that seat if they could have sold it to a last minute business traveler at full "today" rate.
Well if they don't cancel my flight with no warning then they won't have to deal with that.