Poll: Are you in favor of accepting a voucher for your canceled flight?

March 31, 2020

IATA is pushing for broad adoption of travel vouchers in place of requiring airlines to refund passengers when flights are canceled during the COVID-19 crisis.

IATA warned that the refunds are a potential liability for the industry of up to $35 billion in the second quarter alone. If all customers were to use the refund option in that time, the industry would burn up to $61 billion in cash within the next three months.

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Comments

1 Comment
mk6hunter
Tue, 03/31/2020 - 23:00
And any goodwill the airlines enjoy now should be remembered the next time they're planning to rush you another buck for a bag or a drink, when they return to health. They won't remember, of course.....they never do. They just whine when like a profligate teenager they spend all their cash on dividends and stock only to come begging for more money when things get tough.
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