The evolution of fare types over time
In the past, airlines offered a relatively simple range of fare types, with typically only a few options available for each flight. However, in recent years, airlines have introduced a wider range of fare types, aimed at meeting the needs of different travelers.
One of the key trends in the evolution of fare types has been the growth of flexible fares. Flexible fares allow travelers to make changes to their flights without incurring significant fees or penalties. This can be important for travelers whose travel plans may change unexpectedly, such as business travelers or travelers with families.
American Airlines was one of the first airlines to introduce flexible fares. In 2008, the airline launched its Main Cabin Flexible fare type. This fare type allowed travelers to make changes to their flights without incurring change fees, as long as the changes were made at least 24 hours before departure.
In 2016, American Airlines introduced its Main Cabin Fully Flexible fare type. This fare type allows travelers to make changes to their flights up to the day of departure without incurring any change fees or penalties. Travelers can also cancel their flights and receive a full refund, minus any applicable taxes and fees.
The significance of each fare type for different travelers
American Airlines’ flexible fare types are a good option for travelers who need the flexibility to change their travel plans. This can be important for business travelers, travelers with families, and travelers who are unsure of their travel plans.
Main Cabin Flexible is a good option for travelers who need some flexibility in their travel plans, but don’t need to be able to make changes at the last minute. For example, a business traveler who has a meeting scheduled for a specific day may want to book a Main Cabin Flexible fare in case they need to reschedule the meeting.
Main Cabin Fully Flexible is a good option for travelers who need the most flexibility possible. For example, a family traveling with young children may want to book a Main Cabin Fully Flexible fare in case their child gets sick and they need to change their travel plans.
Here are some other examples of travelers who may want to consider booking a flexible fare:
- Travelers who are attending conferences or events that may be rescheduled or canceled.
- Travelers who are flying to destinations that are prone to natural disasters or other disruptions.
- Travelers who are flying during peak travel times, when flights are more likely to be delayed or canceled.
It is important to note that flexible fares are typically more expensive than non-flexible fares. However, the extra cost may be worth it for travelers who need the flexibility to change their travel plans.
Ultimately, the best way to decide which fare type is right for you is to consider your individual needs and budget.