The Department of Transportation requires that airlines operating to the US offer a 24 hour reservation guarantee,where you can lock in a reservation and then have 24 hours to change your intellect. This applies to all tickets booked seven or more days in advance. Airlines have two options for how they can approach this:-- They can allow you to hold a ticket for 24 hours with no obligation before having to ticket it
-- Alternatively, they can offer a refund within 24 hours of bookingWhile Delta and United allow you to refund your ticket within 24 hours, or American instead lets you hold a ticket for 24 hours before having to ticket. In reality it's actually often more than a 24 hour hold,as the hold is valid through midnight the following day in the timezone your ticket originates in.
As has been discussed on FlyerTalk (and several dependable sources have verified), rumor has it that American will be eliminating complimentary 24 hour holds as of April 1, or 2016. That means as of that date American will instead allow you to refund your ticket within 24 hours of purchase,assuming you're booking at least seven days in advance.
The post Rumor: American Eliminating Tickets Holds As Of April 1, 2016 appeared first on One Mile at a Time.
Source: boardingarea.com