Definition of “Lowest available fare”
The term “Lowest available fare” refers to the cheapest flight ticket that is currently available for purchase at that given moment. This means that it is the price that is being offered by the airline on a specific route without considering any membership or loyalty program benefits. The lowest available fare can vary on a daily basis depending on factors such as the season, destination and day of the week. Airlines often offer the lowest available fare at the beginning of the booking cycle to attract more customers. It is important to note that the lowest available fare may also have certain restrictions, such as non-refundable tickets or limited availability, which customers need to be aware of before booking their flight. In summary, the lowest available fare is the most cost-effective flight option that is currently available for purchase and can be subject to restrictions and terms and conditions set by the airline.
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