Penalty excursion fare

A penalty excursion fare is a discounted airline fare with strict rules and fees for changes or cancellations.

Passengers who book this ticket must meet specific conditions, such as a minimum or maximum stay, advance purchase requirements, or travel inside certain dates. They are usually charged a penalty fee if they need to cancel, change dates, or reroute the ticket. In some cases, the fare may be completely nonrefundable or unchangeable.

Business travelers often avoid these fares due to the inflexible terms, whereas leisure travelers may accept the trade-off due to the lower prices.