Travelers are sitting on a mountain of travel credits from cancelled flights last year. They’re already starting to expire.

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Flights were cancelled en masse last March as travelers were forced to stay home in an attempt to slow the spread of COVID-19. 

But most flyers that canceled their flights likely didn’t receive a cash refund and instead were issued a travel credit with an expiration date. The aviation version of store credit, travel credits during the pandemic allowed airlines to keep the funds paid for a given flight longer and maintain cash reserves to help weather the pandemic. 

While at the time the expiration date seemed like a lifetime away at the time, next read more ⇒

Source:: BusinessInsider.Com