Restricted Airline Fares
What are Restricted Airline Fares?
Restricted airline fares refer to tickets that come with conditions and limitations, such as non-refundable policies, minimal flexibility for changes, or restrictions on seat selection and upgrades. These fares are typically lower in price compared to fully flexible or refundable tickets, making them attractive for cost-conscious travelers and corporate travel programs.
Airlines offer restricted fares to fill seats efficiently while maintaining a tiered pricing structure. Business travelers and corporate travel managers need to carefully evaluate the fare rules before booking, as changes or cancellations can result in high penalties or lost ticket value.
For corporate travel programs, restricted fares can be beneficial for cost savings but may also pose challenges when unexpected itinerary changes occur. Companies often negotiate fare waivers or use travel management tools to ensure policy compliance while minimizing traveler inconvenience.