Definition of «airline credit»

Airline credit refers to a type of compensation offered by airlines to passengers in cases where there have been delays, cancellations or other disruptions to their flights. The credit is typically given in the form of a voucher that can be used towards the purchase of future travel on the same airline.

The amount of the credit varies depending on the airline and the specific circumstances of the disruption. In some cases, passengers may receive a fixed amount of credit per person, while in others they may receive a percentage of the cost of their ticket.

Airline credits are often used as a form of compensation for inconvenienced passengers, rather than offering cash refunds or additional transportation. This is because airlines can easily track and manage the use of vouchers, while also ensuring that they retain control over the distribution and usage of their own assets.

Overall, airline credit is a convenient form of compensation for passengers who have experienced disruptions to their travel plans, allowing them to put the value towards future flights with the same airline.

Sentences with «airline credit»

  • We've compiled a list of best airline credit cards that give excellent value when used on airfare and built a tool to help you compare them. (valuepenguin.com)
  • We will explain the differences between these types of airline credit cards and highlight some of our favorites. (creditdonkey.com)
  • Although there's some good value in the free checked bags perk, that's a common benefit to find in airline credit cards. (uponarriving.com)
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