Some Airlines Experimenting In Type Of Ticket Price Protection


SOME AIRLINES ARE NOW OFFERING A TYPE OF “PRICE PROTECTION.” IT’S AN OPTION TO “LOCK IN” A PRICE FOR A TICKET FOR A FEW DAYS BEFORE YOU COMMIT TO BUYING IT. CONSUMERWATCH REPORTER JULIE WATTS IS AT S.F.O. WITH MORE ON WHO THE PROTECTION PLANS…. REALLY PROTECT… – 1:28 16 I really thought that fare lock was going to give me the best price News planning editor Gretchen White knowns a thing or two about finding good travel deals handles. she books travel for all our station employees. – Insert nat One of her tricks. fare lock. a program offered by united that, for a small fee, lets you freeze a fare for a few days until – so it doesn’t go up .while you make up your mind. But when Gretchen recently went back to purchase a fare-locked flight. she noticed something when she checked the flight on a different browser. – 1:21:44 the fare came up and it was 100 less than what I was locked into with fare lock. She assumed, paying the far lock price secured you the lowest price during that period. – 1:24:30 I would have thought with all the emails reminding you to purchase the ticket, that there’d be something that indicate there was a better deal available. But it turns out, that’s not the case.. – SOT??? They would be doing this if it didn’t make money Henry ??? says and united is not alone. American airlines offers a similar extended hold program for a small fee. but like united, the American says it only keeps the price from going up. they don’t notify you if it drops. – SOT You have to do the work There is a third party option though a company called TripLock offer on sites like Kayak and Orbitz. and the company says their option assure you the best price. but it can cost more. American’s Extended Hold ranges from 5.99-9.99. United’s FareLock reportedly ranges from 5 to 20 bucks This the Options Away’s TripLocks range from 4- 40 dollars depending on the flight. – Nat I ended up get a really good deal As for Gretchen, she says he will keep fare lock in her arsenal or low cost air fare tools. she’ll just use it bit differently. – 1:25:14 I would use it again I’d just price check it every day. There is a third party option though a company called TripLock offer on sites like Kayak and Orbitz. and the company says their option assure you the best price. but it can cost more. The Department of Transportationrequires all airlines to allow customers to hold an airline reservation-at the quoted fare-for at least 24 hours. Consumers also must be allowed to cancel a booking within 24 hours of payment and get a full refund, without any penalty. There is a third party option though a company called TripLockhold an airline reservation- the quoted fare-for at least 24 hours. Consumers also must be allowed to cancel a booking

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