Is it actually economical to fly basic economy?

If you’re looking to save money on flights, choosing the lowest cost fare seems like it would make the most sense. And in theory, that means booking basic economy. 

But with the plethora of restrictions that airlines have placed on basic economy, from no seat selection to no option to change or cancel your trip, it raises the question of how much you’re really saving in the long run — and whether those savings are worth it.

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