by Christopher Freeburn | December 13, 2012 12:14 pm
American Airlines, whose parent company AMR (PINK:AAMRQ) remains in bankruptcy, will let passengers pay more for tickets in order to avoid higher fees in the event they need to reschedule return flights.
For an additional $68 on round trip fares, passengers will avoid the possibility of a $150 fee for changing flights when coming home. The option can only be purchased through a travel agent or the airline’s online booking website, MSN Money notes.
The new fee, which functions like insurance can only be applied to domestic flights in the 48 contiguous states.
Other new options include Choice Plus, which offers the ability to change return flights without a higher fee, as well as a free beverage, scheduling flexibility and additional frequent flier miles, for $88 above the round-trip ticket price.
American Airlines is also offering the Fully Flexible option, under which the airline will refund the entire ticket fare in the event of cancellation, minus the option fee, which varies according to destination.
In August, American Airlines and US Airways (NYSE:LCC) agreed to open their financial records for mutual exploration as they discuss a possible merger.
Source URL: http://investorplace.com/2012/12/american-airlines-adds-new-fee-twist/
Short URL: http://invstplc.com/1fzQqLO
Copyright ©2015 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.