The Transportation Department said airlines will be required to provide automatic cash refunds within a few days for canceled flights and “significant” delays.
Even if demand was perfectly inelastic and the burden was paid entirely by the consumer… I’d still rather get what I paid for than leave it up to chance.
They’ll just pass the savings on to you.
Even if demand was perfectly inelastic and the burden was paid entirely by the consumer… I’d still rather get what I paid for than leave it up to chance.