Airlines now must pay automatic refunds for canceled flights

By Allyson Versprille | Bloomberg

Airlines will now have to provide automatic refunds to travelers if their flights are canceled or significantly altered under new US Department of Transportation rules.

The final regulations released Wednesday outline the circumstances where passengers are entitled to refunds for all travel to, from and within the US. The goal is to make it easier for people to get money back and to make refund policies more consistent from one airline to the next.