A consumer advocacy website reveals which airlines offer full- on partial refunds once prices are dropped due to lack of booking.  

Does it drive you crazy when employees book air travel early, only to watch the rates plummet as the date of departure nears? In the end, the company is left footing the exorbitant bill for actually booking its travel weeks – or even months – in advance.

Fear not. The good people over at AirfareWatchdog have compiled a handy list that breaks down each airline’s refund policy (for ticket prices that are later reduced ).

Believe it or not, some of the most well-known airlines have full or partial refund policies that could potentially save your department thousands of dollars a year. Notable examples:

• American Airlines will issue a “rollover credit” good for future travel, in the form of a travel voucher.
• Continental and Delta will offer a refund in the form of a travel voucher.
• JetBlue will offer you credit for the difference, but it doesn’t publicize that policy.
• Southwest will rebook your fare and credit you or the company for the difference to your account.

For a complete A-Z list of refund policies that you can print out or forward, click here.