Penalty Fare is a fare, which carries a penalty for any changes or cancellations once the ticket has been issued.
Penalties can Range from a dollar amount to a percentage of the ticket's value to the total loss of the value of the ticket.
The Travel-Glossary: Everything about Travelling, Sightseeing and the World.
Comments
You can add comments to this article or suggest corrections. Factual prose contributions are welcome; your e-mail address (optional) will not be published. Please use plain text only: no HTML, no links, no images, no advertising.
No comments yet. Be the first to write one!
Write a comment