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Refunds for unused airline tickets

While refundable tickets are available, Air Transport Association
spokesperson Victoria Day warns that policies vary widely between
carriers, and you should be sure to read the fine print before making a
purchase. Most airlines offer a refund option (for a fee), which
consumers can select when buying their tickets. Because airlines don’t
guarantee their schedules, they are under no federal obligation to
compensate for canceled flights, though they will usually rebook
passengers for free. If you can’t make your plane but don’t have a
refundable ticket, many carriers, including Continental and Delta, allow
you to transfer the value of your fare to another ticket on the same
airline for up to a year if you cancel in advance.

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