by Alan Cordova

Earlier this week, budget carrier JetBlue announced that anyone who loses a job would be allowed to cancel their reservation without penalty. Based on the British carrier Flybe's "redundancy insurance," the program is schedule to run through June 1.

 

According to the fine print, "Full time job is defined as working at least 30 hours per week for a single employer. Freelance and/or self-employed individuals are not eligible."

I found it interesting that there was no requirement that one be unemployed for a minimum length of time or that the job loss be permanent. Each month, millions of people are laid off from their jobs; however, under normal circumstances, a slightly larger number are hired, resulting in net job creation. It appears that if you are laid off Friday and are hired Monday, you still qualify for the program. Incidentally, if you are that person, drop us a line!