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Why do they care, though, if their margins are going to remain at X% anyway, because of market forces? They're just adding extra steps to the whole thing so a random passenger can benefit from my lost ticket money, rather than someone I explicitly choose.


Because if a ticket is sold privately to another rather than going unused, the airline only gets paid once. If the airline can resell the seat, they get paid for it twice.


Nearly all US airlines except budget airlines allow fee-free credits up until day-of flight...


I don't know what this means.

When I buy tickets, they are nonrefundable. If I don't use the ticket, I don't get my money back (or credits). You can buy tickets that are refundable, but they cost more.


Refundable always means to original purchase method. What I'm referring to is usually identified as "change fees."

If you cancel a non-refundable non-Basic Delta, JetBlue, American, etc. ticket you will get the entire ticket value as credit for future flights.

If you cancel a Basic ticket, you usually get the entire ticket value less a flat fee. Some airlines don't give any credit.

If you cancel a Refundable ticket you get the money back on your credit card/bank account.




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