by Loren G. Edelstein | December 15, 2010

 Continental Airlines has launched FareLock, an option enabling customers to hold reservations and lock in ticket prices for 72 hours or seven days with no commitment to purchase a ticket, as reported by Travel Weekly. The new feature, offered for a fee on certain domestic and international itineraries, gives customers additional flexibility to plan their travel and avoid the risk of price increases or sold-out flights. FareLock fees start at $5 for a 72-hour hold and $9 for a seven-day hold, are nonrefundable and vary based on a number of factors such as the itinerary, number of days to departure and the length of the hold.