Tag: refundable
Covid Cancellations Sank Original TravelPerk Flexibility Program, But With Tweaks It Endures
TravelPerk in April 2020 lost money on its flexibility program. The Barcelona-based travel management company’s FlexiPerk option had promised participating clients recovery of at least…
Op Ed: Mike Eggleton On How Covid-19 Could Change Airline Ticket Refunds
Airlines around the world are facing an unprecedented cash crunch, with more canceled and changed itineraries than new bookings. As a result, carriers are pushing…
TravelPerk’s Insurance Plan Reimagines Refundability
What business traveler doesn’t want the freedom to plan trips even when the business isn’t certain? To choose the cheapest options regardless of restrictions? To…
Posted in Policy
When Are Refundable Fares Permitted By Policy?
David Jonas June 16, 2015
Most organizations favor nonrefundable airline tickets because they’re almost always cheaper than unrestricted options. Industry data suggest corporate travelers use the lower fare classes for around 85…
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