Meteobonus, a new online service to reward travellers during holiday wash-outs or an abundance of dark clouds, has its first industry partner in SmartWings.
The Prague-based low cost airline, which is a subsidiary of the IcelandAir Group, has integrated a white label version of the Meteobonus system into its existing booking engine, allowing passengers to effectively insure themselves against poor weather.
The system works by calculating a flat fee (or premium) for each passenger based on length of trip and likelihood of bad weather based on historical data.
For example, a six-day trip from the UK to the Spanish island of Ibiza will cost around Euro 15 per person. In the event of rain or a lack of sun, Meteobonus pays out Euro 30 per day or rain.
Please read the full story at http://www.tnooz.com/2010/07/27/news/web-service-launches-to-reimburse-travellers-for-rain-or-lack-of-sun/