Cheap flights mean costly changes with airlines

Financial Post | Business

The temptation is huge. You look for the cheapest air fare, the best deal on a hotel or a bargain on a car. When you have to cancel, that’s when you’ll really pay.

At least it’s not like the old days when you missed a flight and you ripped up the ticket. These days there are options.

“The news isn’t too grim even if you are booking the most basic type of economy fare,” says Andrew Lau, product manager and a deals expert at “Usually the airlines are not so restrictive that you get no options.”

You are probably paying triple or quadruple the price of the lowest fair. That’s the price of freedom

The trick is what options do you get and what are you willing to pay for the right to switch your plans suddenly — a state many find themselves in these days with busy…

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