Waiting to hear how the airlines wriggle out of this.
The obvious way is to reduce fares to say £1, thereby limiting the payout to a maximum of £1.
Obtain the rest of what was previously called "the fare" as some form of non-refundable booking fee or handling fee. One might hope that this possibility has already been considered and outlawed by those drawing up the regulations, but don't count on it !
I'm sure that's already covered by the rules about refunds, and in any case by general consumer legislation. For anyone who is still concerned, Q19 of
the consultation is:
If compensation for delayed domestic UK▸ flights is linked to ticket price, what should the definition of ticket price include?
There's no text with that question, so you wonder exactly what they were thinking it was about. Have people (like the industry) been complaining about the current rules?
I guess it's about the things that already accompany ticket prices: taxes, airport fees, etc. Note that my "free" flight cost a bunch of Avios (which were not exactly free of cost, and in any case partly paid for by Tesco Clubcard points, which themselves are sort of free) plus a cash amount of £17.50 in lieu of taxes and other charges. So the rules about refunds already need to cope with stuff like that.