Continental Airlines has launched a new feature called FareLock, which offer customers who pay a fee an option to lock in ticket prices without committing to buy a ticket for 72 hours or a week with no obligation to buy the ticket.
FareLock, which is offered for a fee, is aimed to allow consumers to “avoid the risk of price increases or sold-out flights.”
The fees start at $5 for a 72-hour hold and $9 for a week hold, depending on the itinerary and the number of days until departure.
The airline is continuing to offer its 24-hour flexible booking policy that allows customers to change reservations and make cancellations with a full refund without a fee within 24 hours of booking.