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Again, its all in your flexibility, degree of risk tolerance and what are the secondary consequences of an extended delay. In my current life, I’m fortunate to be able to walk over to another airline counter and buy a ticket to my destination and/or rent a car and drive (assuming these days there is availability of another flight or rental car). I’ll call my Amex Card rep for a refund on the cancelled flight. Many years ago, with kids and fewer resources, and with only a few “discount airlines” that wasn’t an option but neither was being stranded at an airport somewhere over shabbos so we had to weigh the higher fares with the “savings” of a cheap flight. Its all fact dependent and no single answer. However, among the “discount” airlines, Spirit and Ryan air seem to have the most frequent issues (perhaps because they are among the largest and we just hear about it more).