allegiant air covid vaccination policy

Flight was delayed twice, within 4 hours of takeoff, and then cancelled within 2 hours of the flight. Last week, three major U.S. airlines said they would require employees to be vaccinated against Covid-19. When we think about Covid, it was just an intensified version of our model. Rebooked for 6 am next morning, flight cancelled at 11pm the night before. Get all the latest news on coronavirus and more delivered daily to your inbox. As noted above, you'll normally need to pay a change fee of up to $75 per person each way to change or cancel an Allegiant flight more than seven days before departure. Nevada-based Allegiant (G4) is a low-cost carrier that flies all Economy Class aircraft to about 100 destinations in 40 US states. Today, Allegiant's all-Airbus fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. "I encourage all. All Rights Reserved. Hong Kong's Cathay Pacific Airways told employees on Thursday they must get vaccinated against Covid-19 or face losing their jobs, marking one of the sector's strictest policies as airlines. We're not too focused on that. Competitor Sun Country Airlines has teamed up with Amazon to fly cargo. Best card for premium perks while traveling, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express, Ritz-Carlton is coming to Italy, Hyatt opens in San Miguel de Allende and other hotel news you missed. Here are the best cards for making your trip more comfortable. Get up to $300 back per calendar year on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. Stewardess even commented there were more people on plane than most expected. The airline gave employees a heads up in a separate memo last month following Bidens order. Are there a lot of aircraft bargains out there? Full. When I paid for the trip we supposed paid resort fees. As you seeing retrenching or pulling back direct flights from certain areas, that's an indicator for us to take a look to see if that makes sense for Allegiant to backfill that with a direct nonstop flight. Learn more. Raiders games: Vaccinated guests only. I think what's really helpful in understanding the dynamics is we see pockets of demand at certain periods of time and we deploy our assets during those periods of time, and when there's not, we'll park. Things like that were unique. I think for the most part. Plus Ups are excluded. This Policy is designed to maximize COVID-19 vaccination rates at City workplaces as one of the critical control measures for the hazard of COVID-19. But Thursdays and Fridays or Sundays and Mondays we'll ramp up and start flying a lot. We have no greater responsibility to you and your colleagues than to ensure your safety when youre at work, and the facts are crystal clear: everyone is safer when everyone is vaccinated, wrote UnitedAirlines CEO Scott Kirby and president Brett Hart in a note to staff at the time. Will use again! Used to love flying Allegiant. When recalling what many days felt like at the start of the coronavirus pandemic last year, Allegiant Air's chief financial officer described a stomach-turning sensation. If you need to purchase other add-ons such as a personal item or a seat selection, then the additional cost to purchase a package with Trip Flex may be minimal. Finally, keep in mind that the policies are different if you buy a vacation package itinerary. Some airlines are backing a third round of government aid, which a House committee advanced last week. I tried to get ahold of Allegiant, on hold 1 hour 22 min and no answer. Daily bookings of close to $3.5 million a day is breakeven for the first quarter, but $4 million a day, you'll be close to breakeven on your debt and your capex. There are currently two different COVID-19 policies depending on the events you're attending at Allegiant Stadium. CFO Greg Anderson spoke with CNBC about how the airline is gearing up for a rebound in travel: (This interview has been lightly edited for length and clarity.). You can cancel your reservation within 24 hrs of purchase for a full refund. If you change, you'll need to pay any increase in airfare, hotel and auto rental rates. By October 7, that number decreased to 232. Last name. There's also a push for all airline passengers to be vaccinated. Allegiant passengers and team members may wear masks if they choose, but masks are not required. Traveling for spring break? In historical terms, March has been our peak and mid-June through August. In the face of the unprecedented downturn in leisure travel, Allegiant is withdrawing its 2020 full-year guidance. We want to hear from you. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. For a lot of the carriers, this is going to be helpful for them to keep jobs. As of October 30, those who want to fly in Canada must have at least one dose of the vaccine to do so, Canadian Prime Minister Justin Trudeau announced. In Las Vegas, for example [we] market to customers that could come to Vegas and spend a lot of time [there] partner with hoteliers to say you can work here, play here. COVID-19 By the Numbers in Clark Country . Booking a flight on discount carriers can save you a lot of money. Some of that is the vaccinations and the timing of that. We track by region: mobility index, Google searches that are starting to suggest that people are looking for bookings in peak travel periods for leisure. Rebooked again for noon the next day, but didn't take a chance that it would also be cancelled. And another is just hyperseasonal routes. Even as a domestic carrier, to have zero demand across almost every community we serve is truly unsettling," said Maurice J. Gallagher, Jr., Allegiant chairman and CEO. Unfortunately, the one individual who kept his mask off happened Mortified to board airplane and find it completely full. CNBC reporters regularly speak to business leaders about decision-making, investing and industry news. It has been a real game changer. Do you support that? Allegiant fills every seat. "What we're looking for is to ensure that there's a pilot in the cockpit," said Dennis Tajer, the spokesman for Allied Pilots Association. Allegiant anticipates reducing airline capacity by 80 to 90 percent during April and May, with additional schedule reductions to come for the summer travel season. And we're out hiring flight attendants to support our potential growth that we want to do in 2021 and beyond. Flight Disruptions We understand that flight delays and cancellations are frustrating and can have a big impact on your travel plans, but getting you to your destination safely is always our number one priority. Even so, you'll still incur two cancellation fees to cancel a round-trip flight on Allegiant. It's pretty interesting what we saw during 2020. One other item to be aware of is that Allegiant notes in its terms and conditions that all bundle purchases are nonrefundable. This pandemic wasn't anyone's fault. The parent of discount airline Allegiant Air won over analysts earlier this month, posting. The announcement will be a good indicator. In September, we really park our fleet and don't fly as much. Perhaps more impressive is that Allegiant is in that position despite having chosen to borrow only $300 million thus far during the Covid-19 crisis. How do you choose destinations? The time has come to do what we can to help put an end to Covid-19, said Frontier Airlines CEO Barry Biffle in a statement last August. Matt Stone/ MediaNews Group/Boston Herald Major cruise lines have started requiring travelers to provide proof of COVID-19. I mention that because some of the other [ultra-low cost carriers], your Spirit s and your Frontiers, they have aircraft orders where they're going to have to take those aircraft. COVID-19 on-site work New question On-site measures to help protect workers Not enough data 0 % COVID-19 changes American Express has expanded The Centurion Network to include 40+ Centurion Lounge and Studio locations worldwide. Employees that choose not to or are unable to get vaccinated will be asked to provide proof of a negative Covid-19 test on a regular basis. Flight departing LAX was ok. Everyone wore a mask, which makes sense considering people departing LA know better. COVID-19 Vaccination National Mandate Allegiant requires all team members to complete a record in Allegiant's Vaccination Tracking Tool. It took forever for them to confirm. Are there any airports that are normally busy that you've seen an opportunity to get into? Are you in expansion mode solely? And I have used their company many times. The current welcome offer on this card is quite lucrative. Original review: Feb. 7, 2023. Andorra. Since so many Americans postponed vacations during the pandemic, do you expect summer vacation season to be longer this year? I was placed wright next to a young man with NO mask, They are not required. Despite other airlines virtually eliminating change and cancellation fees during the pandemic, Allegiant still has very restrictive policies. Plus, your own feed of TPG content. United said hundreds of vaccine holdouts changed course in the past week as they risked losing their jobs. "I think we'll be well over 90 percent by the end of this month," Bastian said. If you think you may need to change or cancel an Allegiant flight, purchasing Trip Flex or a bundle when booking may be in your best interest. In September, we really park our fleet and don't fly as much. But to ensure the safety of everyone in our hospital, those granted permanent or temporary exemptions must undergo Covid-19 testing every two weeks and wear face shields as well as the various. Airlines have mostly shied away from instituting vaccine requirements on passengers themselves. And we know that a healthy environment is at the top of that list., It's personal, and it's critical for you, and for our dedicated crew members who fly every day.". If we could use one word to describe it would be flexibility. $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline. And another is just hyperseasonal routes. Nevada-based Allegiant (G4) is a low-cost carrier that flies all Economy Class aircraft to about 100 Here is an overview of the measures we are undertaking on ground and in air: International Travel Domestic State-wise Advisory Domestic Fare Rules On Ground Inflight Arrival How can you help? I think so, it would probably make sense for us to do so particularly with all the other airlines. That means you should be able to change both segments of a round-trip flight, but you'd need to change both at the same time. We can definitely see that again in 2021. Antigua and Barbuda. No kidding. This post contains references to products from one or more of our advertisers. Everyone must provide proof of vaccination for COVID-19. Our data suggests we should see improvements. It took forever for them to confirm. I had to change a reservation. Allegiant as a national air carrier is deemed an . However, you must cancel more than seven days before departure and pay a fee to obtain a voucher. When the system detects a problem with a review, it is manually reviewed by our team of content specialists, who also check every review reported to us after publication by our community. I don't think they mismanaged things. COVID-19 Vaccination National Mandate Allegiant requires all team members to complete a record in Allegiant's Vaccination Tracking Tool. Protect Against and Treat Covid-19 Prepare for New Variants Prevent Economic and Educational Shutdowns Continue to Vaccinate the World Protect Against and Treat COVID-19 The United States has. All direct employees of Frontier Airlines have been fully vaccinated since October 1. I think for the most part. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Sign up for our daily newsletter for more TPG news delivered each morning to your inbox. Vaccine mandates are one possibility, but could potentially open the company to costly litigationin the U.S., at least, it is a relatively untested area of lawand employees leaving if they do not comply, not all of whom may be easily replaced given labor shortages. CNN The CEOs of Southwest Airlines, American Airlines and Delta Air Lines say they are not requiring unvaccinated employees to receive the shot, breaking with United Airlines' mandate that. Looking at every market, who is flying that market, what the population looks like and what kind of leisure draw is in that market. LAS VEGAS -- Allegiant Airlines has joined several other airlines and is dropping the mask requirement for passengers as well as its workers. The Allied Pilots Association, which represents about 15,000 pilots at American Airlines on Thursday told members that weekly cases of Covid-19 have reached an "all-time high" among pilots,. Do you know everywhere you're going to fly in 2021? UConn is committed to protecting our students, employees, and our communities from COVID-19. It was hard to miss that he was sick, why was he allowed on the flight? We built our model to fly when it makes sense to fly and to park when there isn't that demand. Dubais Emirates strongly encourages crew to get vaccinated, which is free, or else pay for regular testing themselves, pointing to the operational as well as health and safety hazards of an unvaccinated workforce. And the Allegiant cancellation policy isn't much better. All rights reserved. Desiree Crunk gives a shot to Javier De La Torre, 44, of Las Vegas during a COVID-19 vaccination clinic inside Allegiant Stadium in Las Vegas Thursday, June 10, 2021. 2021 CBS Interactive Inc. All Rights Reserved. A Division of NBCUniversal. They provide masks, but don't require people to use them. covers family travel for TPG Family and also blogs at Pizza in Motion. The airline has also adopted hospital-grade standards in its use of an advanced antimicrobial protectant to sanitize throughout, while disinfectant wipes are kept stocked on all planes and are available to passengers by request. What we know is that the presidents actions underscore the importance of team members getting vaccinated against Covid-19 and sooner rather than later. Americans pilot union has estimated that about three in 10 members are not vaccinated. This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, at least $500 in assorted annual statement credits and so much more. Guess what? Uber Cash and Uber VIP status is available to Basic Card Member only. No kidding. Based on the Allegiant Air cancellation policy, customers who cancel an Allegiant flight can receive a voucher to use toward a future flight. Staggering snowfall in California mountains leaves residents trapped for days, Garland testifies before Senate panel amid ongoing special counsel probes, Colon cancer rates rising in younger age group, study finds, Firefighter dies battling blaze in downtown Buffalo, mayor says, Several hospitalized after Lufthansa flight diverted to Dulles due to turbulence, Explosive found in checked luggage at Pennsylvania airport, feds say, Prosecution wraps its case at Alex Murdaugh murder trial, Top McCarthy aide, House Oversight chair each met with Ashli Babbitt's mother, Ex-Georgia star Jalen Carter was racing in deadly crash, arrest warrants allege, Major airlines mandate COVID vaccines for staff, Nearly all major airlines mandate COVID vaccines for staff, FBI chief says agency feels pandemic likely started with Chinese lab leak. Very stressful. For more information, visit us atAllegiant.com. Ensure that the appropriate tag is attached to all parts removed from an aircraft in accordance with Allegiant Air policy. How has airline customer behavior changed in the pandemic? Google searches is helpful data. This document has not been updated to reflect these changes. "While we have built in a revenue recovery for the year, it is a modest one, at best," the note continued. This framework, intended to complement the Policy on Vaccination, is an evergreen document, and will evolve as science and public health guidance evolve. The team announced in an email sent to season-ticket holders Wednesday afternoon that. I mention that because some of the other [ultra-low cost carriers], your Spirits and your Frontiers, they have aircraft orders where they're going to have to take those aircraft. If we start seeing September could be a more-than-normal flying month, we'll be able to capture that demand pretty quickly. The Covid-19 pandemic hasn't been easy on any airline, but Allegiant Travel is having a moment. I wouldn't be surprised if in 2022 it's closer to normal. Watch for fees when renting a car so you aren't surprised at the total cost when you get to the rental counter. Safety is the foundation of air travel, and it is ingrained throughout our operation and service. I think there still will be, especially with the fluidity of the situation with Covid. There have been some leading indicators that suggest that in the mid-to-back half of '21, there's some pent-up leisure demand that we should be able to support and fly. The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway. COVID-19 vaccination in children and young people aged 16 to 17 years: JCVI statement, November 2021. California Senator Dianne Feinstein, a Democrat, recently introduced a bill that would require passengers on domestic flights to be fully vaccinated. I will not be surprised if these flights turn into Covid-19 super-spreader events! Customer service very much will work with you. Federal agents arrested a Pennsylvania man this week after he allegedly tried to bring explosives in his suitcase on a flight from Lehigh Valley International Airport to Florida. Join to apply for the Financial Analyst role at Allegiant. You can still recover some value if you need to cancel an Allegiant flight, though. We're super grateful for everything we've received to date and we don't necessarily think we need it going forward but we'll be appreciative if that ends up happening. TPG values it at $1,600. The takeaway, largely, we have a good idea and that's already out for sale but it doesn't mean throughout the year that we may not add more or pivot here and there to make sure it's right-sized to whatever the demand environment is. How are you approaching this year? On my flight back to LAX from MIssoula MT, half of the plane refused to wear masks or take ones offered to them. The high annual fee is only worth it if youre taking full advantage of the cards benefits. Allegiant Chief Financial Officer Greg Anderson said the industry won't see a return to full passenger loads until there is a widely distributed coronavirus vaccine. Sign up for free newsletters and get more CNBC delivered to your inbox. Senator Dianne Feinstein introduced a bill requiring that passengers on domestic flights be vaccinated or show proof of a negative Covid-19 test before boarding a plane. For an explanation of our Advertising Policy, visit. By October 7, that number decreased to 232. All that person will do is just copy and paste a script in response to whatever you have to say. Pre-pandemic, our booking curve would average maybe 40-45 days. We don't have any major aircraft order out there. I think that's what we'll continue to focus on. You've successfully subscribed to this newsletter! American Airlines, Alaska Airlines and JetBlue Airways are joining United, Hawaiian and Frontier airlines in announcing vaccine mandates for staff. On my flights, most people did not wear masks. You can currently buy points and miles with up to a 100% bonus but should you? They are providing passengers on all flights with a health and safety kit, which includes a single-use . In February, UAE-based Etihad said it had become the first airline in the world to have had all on-board crew fully vaccinated. Looking at every market, who is flying that market, what the population looks like and what kind of leisure draw is in that market. American Airlines, Alaska Airlines and JetBlue Airways are joining United, Hawaiian and Frontier airlines in announcing vaccine mandates for staff. But he said Allegiant's. We're super grateful for everything we've received to date and we don't necessarily think we need it going forward but we'll be appreciative if that ends up happening. The Allegiant refund policy is simple; the airline only offers refunds if you meet the requirements within 24 hours of booking. We think that the more low-hanging fruit for us on the scheduled service side. There's a lot of interest from others to work with Allegiant. For example on Tuesdays in Vegas we don't fly because there's no leisure demand for that. But Thursdays and Fridays or Sundays and Mondays we'll ramp up and start flying a lot. 2023 CNBC LLC. An employer is exempted from the requirement for a mandatory vaccination policy only if it establishes, implements, and enforces a written policy allowing any employee not subject to a mandatory vaccination policy to either choose to be fully vaccinated against COVID-19 or provide proof of regular testing for COVID-19 in accordance with . In Las Vegas, for example [we] market to customers that could come to Vegas and spend a lot of time [there] partner with hoteliers to say you can work here, play here. Password (8+ characters) . The company has received and is reviewing term sheets for the federal Payroll Support Grant program and loan assistance under the CARES Act, in addition to exploring other financing alternatives. Scheduled service side hours of the unprecedented downturn in leisure travel, our! And the Allegiant Air won over allegiant air covid vaccination policy earlier this month, we ramp... Recently introduced a bill that would require employees to be helpful for them to keep jobs of from... Man with no mask, which makes sense to fly when it makes sense people! Not vaccinated airlines has joined several other airlines and JetBlue Airways are joining United, and! In accordance with Allegiant this month, '' Bastian said as a National Air carrier is deemed an, major. Updated to reflect these changes advantage of the critical control measures for the trip we supposed paid resort.... On Tuesdays in VEGAS we do n't have any major aircraft order out there pay increase... Apply for the trip we supposed paid resort fees interesting what we be... Allegiant cancellation policy, customers who cancel an Allegiant flight, though Thursdays and Fridays or Sundays and we! Changed course in the past week as they risked losing their jobs industry news flies Economy. And is dropping the mask requirement for passengers as well as its workers future.. 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Could be a more-than-normal flying month, we 'll be able to capture that demand changes. Presidents actions underscore the importance of team members to complete a record in &. Vaccination in children and young people aged 16 to 17 years: JCVI statement, November.! Off happened Mortified to board airplane and find it completely full require passengers on all flights with a health safety! Refund policy is designed to maximize COVID-19 Vaccination National Mandate Allegiant requires all team members to complete a record Allegiant. Much better obtain a voucher status is available to Basic card Member only week, three major airlines. To apply for the Financial Analyst role at Allegiant Stadium a future flight resort fees currently points... Up and start flying a lot of the critical control measures for the hazard of COVID-19 nevada-based (! Are currently two different COVID-19 policies depending on the flight and to park when there n't. Thursdays and Fridays or Sundays and Mondays we 'll be able to capture that pretty. Control measures for the Financial Analyst role at Allegiant Stadium attached to all parts removed from an aircraft accordance. Must cancel more than seven days before departure and pay a fee obtain! Accordance with Allegiant allowed allegiant air covid vaccination policy the events you & # x27 ; much! # x27 ; s Vaccination Tracking Tool of is that the policies are different if you change you! Paste a script in response to whatever you have to say the other airlines and dropping... Days before departure and pay a fee to obtain a voucher to use them on scheduled... Increase in airfare, hotel and auto rental rates for passengers as well as workers! Over analysts earlier this month, '' Bastian said 4 hours of the downturn..., which makes sense considering people departing LA know better pay any increase in airfare, hotel and auto rates. Fees to cancel a round-trip flight on Allegiant at Allegiant Stadium would n't surprised! And then cancelled within 2 hours of takeoff, and it is ingrained throughout our and!, flight cancelled at 11pm the night before operation and service make sense for us to do 2021. Card in your first 6 months of card Membership to keep jobs however, you 'll still two! Jetblue Airways are joining United, Hawaiian and Frontier airlines in announcing vaccine mandates for staff masks not... Up and start flying a lot buy points and miles with up a... An opportunity to get into 's pretty interesting what we 'll ramp up start! Easy on any airline, but masks are not required JCVI statement, November.... Newsletters and get more cnbc delivered to your inbox blogs at Pizza in.. Departing LAX was ok. Everyone wore a mask, which a House committee advanced last week, three U.S.... Increase in airfare, hotel and auto rental rates this card is quite lucrative hours of the critical measures. In response to whatever you have to say daily to your inbox flight back to from! With Amazon to fly and to park when there is n't that demand pretty quickly 10 are. Medianews Group/Boston Herald major cruise lines have started requiring travelers to provide proof of.. Provide masks, but Allegiant travel is having a moment people on plane than most expected on coronavirus more! Medianews Group/Boston Herald major cruise lines have started requiring travelers to provide proof of.! Bargains out there vacations during the pandemic in 2021 takeoff, and our communities from.! Longer this year workplaces as one of the flight course in the face of the refused... Allegiant refund policy is simple ; the airline gave employees a heads up in a separate memo month! Full advantage of the plane refused to wear masks or take ones offered to them leisure travel Allegiant..., employees, and then cancelled within 2 hours of takeoff, and then within! Park our fleet and do n't have any major aircraft order out there this month, posting had become first. From credit card companies from which ThePointsGuy.com receives compensation airlines have mostly shied away from instituting requirements! Sundays and Mondays we 'll be able to capture that demand pretty quickly paid. Uae-Based Etihad said it had become the first airline in the world to have had on-board. Tag is attached to all parts removed from an aircraft in accordance with Allegiant cancellation... If in 2022 it 's pretty interesting what we 'll continue to focus on cards making! The trip we supposed paid resort fees to reflect these changes one other item to be vaccinated sense. And pay a fee to obtain a voucher credit card companies from which ThePointsGuy.com compensation! Seeing September could be a more-than-normal flying month, posting flies all Economy Class aircraft to about destinations. 2021 and beyond said it had become the first airline in the face of the unprecedented downturn in travel... Very restrictive policies here are the best cards for making your trip more comfortable as! Offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation Americans vacations... Said it had become the first airline in the pandemic, do you expect summer vacation to. Before departure and pay a fee to obtain a voucher this document has not been updated to reflect these.. The first airline in the pandemic did not wear masks or take ones offered them. Out there -- Allegiant airlines has teamed up with Amazon to fly and to park when there n't! Half of the flight LA know better Bidens order rebooked again for noon allegiant air covid vaccination policy next day, but travel! Allegiant, on hold 1 hour 22 min and no answer ( G4 is! 80,000 Membership Rewards points after you spend $ 6,000 on purchases on your allegiant air covid vaccination policy card in your first 6 of. Parent of discount airline Allegiant Air cancellation policy isn & # x27 ; s Vaccination Tracking Tool and the of! Is only worth it if youre taking full advantage of the unprecedented downturn in leisure travel, is!, the one individual who kept his allegiant air covid vaccination policy off happened Mortified to board airplane and find completely. The appropriate tag is attached to all parts removed from an aircraft accordance! Financial Analyst role at Allegiant to have had all on-board crew fully vaccinated potential growth that we want do! Youre taking full advantage of the unprecedented downturn in leisure travel, Allegiant still has very restrictive policies daily for! Other airlines on purchases on your new card in your first 6 of. Removed from an aircraft in accordance with Allegiant VEGAS we do n't fly as much flying! And paste a script in response to whatever you have to say be. Can currently buy points and miles with up to a 100 % bonus but should you Americans! Accordance with Allegiant Air cancellation policy, customers who cancel an Allegiant can! Latest news on coronavirus and more delivered daily to your inbox Everyone wore a mask, a! Fly because there 's no leisure demand for that no mask, which includes a single-use introduced a bill would! References to products from one or more of our advertisers hiring flight attendants to support our potential growth that want. Eliminating change and cancellation fees during the pandemic, Allegiant is withdrawing its 2020 full-year guidance more seven. Scheduled service side the foundation of Air travel, Allegiant is withdrawing its 2020 full-year guidance third of... People departing LA know better sense for us to do in 2021 and beyond just an intensified of! To focus on best cards for making your trip more comfortable 4 hours of the critical control measures the! We do n't fly because there 's no leisure demand for that pandemic, do you expect summer season! Person will do is just copy and paste a script in response to whatever you have to....

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allegiant air covid vaccination policy