Essayer OR - Gratuit
HOW TO DEAL WITH TURBULENT TRAVEL
Kiplinger's Personal Finance
|May 2023
When your flight is canceled or there's no rental car for you, know the rules and your rights.
On January 11, the Federal Aviation Administration, the agency in charge of maintaining safety in the nation’s skies, halted all domestic departures— for the first time since September 11, 2001—because of a software problem. The 90-minute grounding caused delays for most airlines throughout the day, but the timing was particularly unfortunate for Southwest Airlines. Southwest and its customers were still sorting through the fallout from the carrier’s decision to cancel more than 16,700 flights over the holidays, which affected the travel plans of more than a million people.
No one can control the weather, but Southwest and other airlines are under pressure for the way they handle flight delays and cancellations and communicate with passengers. Meanwhile, the FAA is grappling with how to keep the skies safe despite years of underinvestment in technology. When air travel soars, the potential for trouble spikes.
Forecasts are mixed about the outlook for 2023 travel. Demand will likely be up from last year, though not as drastically as it increased in 2022 compared with 2021. But if you’re faced with the kind of nightmare scenarios that many holiday travelers experienced, it’s important to know your rights.
AIR TRAVEL
Flight delay or cancellation. Last December, when Southwest Airlines canceled the flight from Las Vegas to Denver that Denver residents Crystal Piedy and her fiancé were supposed to take, the airline offered to rebook them on another flight the next day. When that flight turned out to be full, they booked a flight the following day-but then that flight was canceled.
Cette histoire est tirée de l'édition May 2023 de Kiplinger's Personal Finance.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Kiplinger's Personal Finance
Kiplinger's Personal Finance
Same Story, Different Year
WHAT does the Federal Reserve's rate-reduction initiative mean in the short run for your fixed-income holdings? You'll recall that one year ago, the Fed cut three times, starting by hacking its benchmark overnight funds rate by 0.50 percentage point in September. The year ended with bond markets and fund returns in retreat. It's wishful thinking that cheaper short-term credit and falling money market yields will spark a general bond-buying binge and propel your 2025 total returns toward 10% by year-end.
2 mins
December 2025
Kiplinger's Personal Finance
WHEN HELPING MOM AND DAD HURTS YOUR WALLET
New research shows how assisting an aging parent with expenses can strain your own finances.
3 mins
December 2025
Kiplinger's Personal Finance
WHAT'S AHEAD FOR SOCIAL SECURITY
Bipartisan collaboration on a mix of reforms will likely be needed to keep the system solvent and benefits intact.
3 mins
December 2025
Kiplinger's Personal Finance
WHAT TO MAKE OF A HOT IPO MARKET
This year's crop of initial public offerings could be even dicier than usual because of a skew toward tech and crypto.
5 mins
December 2025
Kiplinger's Personal Finance
Grab a Deal on a Winter Getaway
In the early months of the year, travel demand dips-and so do prices.
5 mins
December 2025
Kiplinger's Personal Finance
8 DIVIDEND FUNDS TO CONSIDER NOW
Our picks deliver a diversified portfolio of dividend stocks.
6 mins
December 2025
Kiplinger's Personal Finance
A NEW WAVE OF ETFS IS ON THE WAY
A long-expected decision from the Securities and Exchange Commission is close to being official, and it could mean more exchange-traded fund options for investors.
1 mins
December 2025
Kiplinger's Personal Finance
CHECKING IN ON THE KIPLINGER DIVIDEND 15
Our favorite dividend payers have had a good year on average, beating the market and yielding twice as much.
14 mins
December 2025
Kiplinger's Personal Finance
THIS FUND FERRETS OUT HIGH-QUALITY STOCKS
THE U.S. stock market has been notching new highs, which tends to kick up the likelihood of a market pullback (defined as a drop of 5% to 10%) or even a correction (a 10% to 20% selloff). That's where JPMorgan U.S. Quality Factor comes in.
1 mins
December 2025
Kiplinger's Personal Finance
New Ways to Use 529 Funds
Tax-free withdrawals from these plans could help you sharpen your job skills.
2 mins
December 2025
Translate
Change font size
