When you buy a plane ticket, you’ve probably noticed that most economy fares are non-refundable. But why do airlines impose this rule?

1. The Airline Business Model

Airlines use a strategy called yield management, which involves adjusting prices based on supply and demand.

Why do they impose non-refundable tickets?

• Maximize revenue: Non-refundable tickets guarantee income.
• Encourage higher fare classes: Flexible tickets are more expensive.
• Reduce cancellations: Fewer last-minute empty seats.

2. Are There Any Exceptions?

Some airlines allow refunds under certain conditions:

• Premium tickets: Generally refundable or modifiable.
• Flight cancellation by the airline: Automatic refund.
• Cancellation insurance: May offer partial reimbursement.

3. How to Avoid Buying a Non-Refundable Ticket?

1. Check Conditions Before Purchase

Make sure your ticket is refundable or changeable before booking.

2. Get Travel Insurance

Insurance can help cover unexpected events and reduce financial loss.

3. Resell Your Ticket

If you have a non-refundable ticket, consider reselling it through ResellMyFlight.com.

Conclusion

Airline tickets are often non-refundable for economic reasons. However, by choosing the right options and using a resale platform, you can minimize financial risks.