Tigerair launches airfare price-lock
For an extra $3, you can lock in a fare price for 48 hours.
Budget airline Tigerair has just launched its product "fare freeze" allowing passengers to hold an airfare price for up to 48 hours. The cost? A mere $3. This is per person, per sector so the cost will double should you choose to freeze your return fare as well.
Infants are exempt from the hold fee so long as they are travelling on an adult's lap.
This fee is non-refundable, whether you choose to let the flight lapse or commit to booking it within the 48-hour hold window and must be paid by a Mastercard or Visa credit card, a Mastercard or Visa debit card or POLi at the time of holding.
Now if you're thinking you can lock in that cheap $1 return ticket for you and your mates before the seats disappear, sadly this deal doesn't work that way. As to be expected, flight freeze isn't available on special sale fares. It's also unavailable on fares less than 27 days away, so you will have to put a little forward planning into your purchase.
If in doubt, look for the "fare freeze" symbol on the booking page.
Of the initiative, Tigerair Australia commercial director, Andrew MaisterFare, says, “We recognise there are often a number of factors involved when sitting down to book your next holiday and it’s not always as simple as being able to purchase the first airfare you see."
"Freeze means you can now put a hold on that great value airfare you’ve just spotted for a period of 48 hours, while you lock in your travel plans with family or friends or juggle your finances without the worry of the price changing.”
Tigerair is the last of the big four Australian airlines to offer an airfare hold, although, at $3, it is one of the more attractive offerings.
Currently, Qantas offers a Book Now, Pay Later option for $25; however, this goes towards your fare should you choose to book with them. Virgin Australia's Hold That Price gives you 48 hours to commit, but fees vary depending on your flight. Finally, Jetstar lets you price-lock on select bookings over 30 days away, and similar to Virgin Australia, fees vary depending on your flight.
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