If you’re traveling this summer, you might be familiar with all the taxes and fees that are added to airplane fares. These include a 7.5% federal excise tax and other government-imposed fees. Recently, the U.S. Department of Transportation issued a rule that airlines must refund full fares, including taxes and fees, when passengers are owed refunds for tickets. In the past, airlines weren’t required to refund any amount for nonrefundable tickets. But if an airline changes or cancels a flight, it now usually must refund a nonrefundable fare’s entire amount. Airlines may offer a travel voucher, but ticketholders are entitled to receive a full cash or original form of payment refund.
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