
Fare Class Structure
Fare class structure refers to the system airlines use to categorize ticket types based on price, flexibility, and included services. Each fare class, represented by a letter, determines things like changeability, refund options, baggage allowance, and seat selection. Higher classes (like Business or First) typically offer more amenities and flexibility, while lower classes (economy discount fares) are more affordable but stricter. Understanding fare classes helps travelers choose options that best fit their needs and budget, and allows airlines to manage inventory by balancing different ticket types on each flight.