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Air Canada waives fees on rebookings up to 24 hours before travel due to virus

Last Updated Mar 11, 2020 at 8:51 am PDT

An Air Canada jet takes off from Halifax Stanfield International Airport in Enfield, N.S. on Thursday, March 8, 2012. Air Canada says travellers can now change their ticket up to 24 hours before their flight without incurring a rebooking fee, the airline's latest response to the novel coronavirus outbreak.THE CANADIAN PRESS/Andrew Vaughan
Summary

Air Canada says travellers can now change their ticket up to 24 hours before their flight

The change is part of the airline's latest response to the novel coronavirus outbreak

The new policy allows passengers to make a one-time change to any ticket purchased between March 4 and March 31

MONTREAL — Air Canada says travellers can now change their ticket up to 24 hours before their flight without incurring a rebooking fee as part of the airline’s latest response to the novel coronavirus outbreak.

The new policy allows passengers to make a one-time change to any ticket purchased between March 4 and March 31 at the last minute.

It adds leeway to Air Canada’s announcement last week that it would waive change fees up to two weeks before a departure, with travel controls by foreign governments evolving daily.

The move still falls short of announcements by several U.S. airlines this week, with United Airlines, Delta Air Lines and American Airlines allowing passengers to rebook tickets to any destination through April 30 without paying fees.

The fee waiver by Canada’s largest airline underscores ramped-up efforts to mitigate the blow dealt by the spread of COVID-19, which has seen bookings plunge and cancellations soar at airlines across the globe.

National Bank analyst Cameron Doerksen forecasts that the epidemic will cost Air Canada $1.4 billion in adjusted earnings this year, which would result in a 40 per cent decline from 2019.

On Thursday, the federal government announced a $1-billion funding package to help the country’s health-care system cope with the increasing number of new coronavirus cases and to help Canadian workers who are forced to isolate themselves.

Companies in this story: (TSX:AC)