Summary of Policies

Many airlines have policies for providing travel credits or refunds if flight prices decrease after booking. Most major U.S. airlines allow for refund claims within the first 24 hours of booking. If a fare drops after this period, policy varies by airline. For example, Alaska Airlines offers a price guarantee, providing a credit if passengers find a lower fare on the same flight within 24 hours. American Airlines allows ticket repricing, issuing a trip credit for any price difference. Delta and Southwest Airlines have no change fees, enabling flexible adjustments to existing bookings when prices drop. JetBlue also provides full refunds or credits for eligible fare types and offers a Best Fare Guarantee for competitive pricing adjustments. Overall, policies differ significantly; therefore, it’s essential for travelers to understand each airline’s terms regarding fare reductions to benefit fully from any potential savings.