Over the last days, most airlines have stepped up to offer flexible change fares for tickets purchased. With revenues undoubtedly sinking due to coronavirus cancellations it’s understandable that they want to entice people to buy.
So, should you?
Possible downsides
Could they change the policy?
Well I expect that the airline may decide to change its policy going forward. Although, I would hope that the ticket you buy now would be marked as a flexible ticket and would stay as such.
Could they go bankrupt?
Not inconceivable but I suspect that such an important industry would be propped up and bailed out by the government if necessary.
You have to pay now
But if you were planning to go anyway and prices are right, it’s not so bad. Can prices go down further? Yes, but remember you have flexible tickets with no change fee so you could cancel and rebook at the lower rate if needed.
You are locked into one airline
Yes, you are locked into the airline but again if you are flying with a preferred airline anyway it is not that bad.
What if the coronavirus threat stays with us for months or more?
Credit for flights extends for 12 months and in looking at the curves for China and South Korea the peak of infections seems to last about a month or two. Meanwhile, progress with treatments is advancing, weather is warming, and we do hope we are closer to winning the battle against the COVID-19 virus.
What if it’s the end of the world?
Well, you won’t miss the money will you!
Upsides
- Some great prices for tickets can be had.
- Lots of room for upgrades.
- Flexible fares which are typically double the price.
Why not look around? We will!
Be sure to read all the fine print of your preferred airline flexible ticket policy, before you book.