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Airlines will soon have to pay you back if they cancel or delay your flight https://www.theverge.com/2024/4/24/24139409/department-of-transportation-airlines

Airlines will soon have to pay you back if they cancel or delay your flight

The Department of Transportation (DOT) issued final rules requiring airlines pay passengers back if they cancel their flights or make significant changes.
Sheena Vasani (The Verge)

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in reply to GMcGath

anubis2814
anubis2814
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@GMcGath @The Verge Only if people pay for it. There is a limit to how much they can charge before people stop flying as much
@GMcGath @The Verge
in reply to anubis2814

GMcGath
GMcGath
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@anubis2814 Alternatives include running fewer flights, making up the cost with fees, and economizing on the flights. Benefits don't come for free.
@anubis2814
in reply to GMcGath

anubis2814
anubis2814
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@GMcGath Yes but the flight industry is a cartel similar cable companies and if they can squeeze more money for their shareholders they will. Profits also don't come for free either.
@GMcGath
in reply to anubis2814

GMcGath
GMcGath
• •
@anubis2814 The airlines have a cozy arrangement with the federal government in some respects and can be considered a cartel to that extent. But they still compete on price and have to find a way to run profitably. If costs go up in one area, e.g., required payment for cancellations, they have to make up for it by increasing prices or lowering costs somewhere else. Precisely as you said: Profits don't come for free.
@anubis2814
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