Bin Laden's Death Impacts Air Travel

Refunds for airline tickets sold by U.S. travel agents, including online travel websites, have increased slightly in the days since Osama Bin Laden’s death, the Airlines Reporting Corporation (ARC) reported. Initial data revealed ticket refunds increased to 33,518 on Monday, May 2 and Tuesday, May 3 compared to 24,146 on Monday, April 25 and Tuesday, April 26 just the week before. Refunds processed on May 2 and 3 represent 2.6 percent of the 1.3 million outstanding air tickets during this period, versus 1.9 percent of the 1.2 million outstanding tickets during April 25 and 26, ARC said.

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