K class - refund on cancellation

Can anyone tell me which of the fees I will get back if I have to cancel a K class return ticket from the US.

Thanks in advance

[preiffer]

Ex-USA rules on a K - key part:

Penalties
CHANGES
ANY TIME
CHARGE USD 275.00 FOR REISSUE/REVALIDATION.
CHILD/INFANT DISCOUNTS APPLY.
WAIVED FOR ILLNESS OR DEATH OF PASSENGER OR FAMILY
MEMBER.
CANCELLATIONS
ANY TIME
TICKET IS NON-REFUNDABLE IN CASE OF REFUND.
WAIVED FOR ILLNESS OR DEATH OF PASSENGER OR FAMILY
MEMBER.
NOTE -
MAY BE USED AS CREDIT TOWARDS THE PURCHASE OF
A HIGHER VS FARE TYPE WITH A PENALTY OF USD 100
AND COLLECTION OF FARE DIFFERENCE HOWEVER IN THE
EVENT OF SUBSEQUENT CANCELLATION THE ORIGINAL
NON-REFUNDABLE AMOUNT WILL REMAIN NON-REFUNDABLE.
----
MAY UPGRADE THE ENTIRE JOURNEY TO A HIGHER CABIN
AT NO CHARGE BUT ANY DIFFERENCE IN FARE MUST BE
COLLECTED.
-----
THE FARE MUST BE RECALCULATED FROM THE POINT
OF ORIGIN AND ANY DIFFERENCE COLLECTED.
MIN/MAX STAY REQUIREMENTS AND ADVANCE PERIOD
MUST BE ADHERED TO.
------
WAIVER FOR ILLNESS OF PASSENGER OR IMMEDIATE
FAMILY MEMBER ONLY APPLIES IN THE EVENT OF
CERTIFABLE HOSPITALISATION.
----
WAIVER FOR DEATH OF PASSENGER OR IMMEDIATE
FAMILY MEMBER APPLIES AS EVIDENCED BY A DEATH
CERTIFICATE.
----
IN THE EVENT OF CANCELLATION OR FAILURE TO USE
CONFIRMED SPACE AN MPD WILL NOT BE ISSUED FOR
FURTHER TRANSPORTATION.

So, essentially only the GOVERNMENT taxes (note: not the AIRLINE fuel surcharge) - ie: not very much at all...

Might be worth (IF you can foresee yourself travelling in future) seeing if you can use it as credit for a future flight instead...


Full fare conditions below:

Virgin Atlantic VS KLXSLUS SFO to LON
General notes
MIDWEEK ROUND TRIP INSTANT PURCHASE K
FARES
Between AREA 1 and AREA 2 FOR ROUND TRIP FARES
Day/Time restrictions
PERMITTED MON THROUGH WED.
Seasonal restrictions
PERMITTED 26OCT 12 THROUGH 23DEC 12 OR 13JAN 13 THROUGH
31MAR 13 ON THE OUTBOUND TRANSATLANTIC SECTOR.
Flight restrictions
THE FARE COMPONENT MUST NOT BE ON
ONE OR MORE OF THE FOLLOWING
VS FLIGHTS 3000 THROUGH 3999.
AND
THE FARE COMPONENT MUST BE ON
ONE OR MORE OF THE FOLLOWING
ANY VS FLIGHT.
Advanced reservation/ticketing restrictions
RESERVATIONS FOR ALL SECTORS ARE REQUIRED AT LEAST 7 DAYS
BEFORE DEPARTURE.
TICKETING MUST BE COMPLETED WITHIN 72 HOURS AFTER
RESERVATIONS ARE MADE OR AT LEAST 7 DAYS BEFORE DEPARTURE
WHICHEVER IS EARLIER.
Minimum stay requirements
RETURN TRAVEL FROM LAST STOPOVER MUST COMMENCE NO EARLIER
THAN THE FIRST SUN AFTER DEPARTURE FROM FARE ORIGIN.
Maximum stay requirements
TRAVEL FROM LAST STOPOVER MUST COMMENCE NO LATER THAN 12
MONTHS AFTER DEPARTURE FROM FARE ORIGIN.
Stopover restrictions
IF THE FARE COMPONENT IS ON
ONE OR MORE OF THE FOLLOWING
VS FLIGHTS 2000 THROUGH 4999
NO STOPOVERS PERMITTED.
OTHERWISE
UNLIMITED STOPOVERS PERMITTED ON THE PRICING UNIT
LIMITED TO 1 FREE AND UNLIMITED AT USD 50.00 EACH.
1 FREE IN UNITED KINGDOM
UNLIMITED AT USD 50.00 EACH.
Combinability
APPLICABLE ADD-ON CONSTRUCTION IS ADDRESSED IN
MISCELLANEOUS PROVISIONS - CATEGORY 23.
END-ON-END
END-ON-END COMBINATIONS PERMITTED. VALIDATE ALL FARE
COMPONENTS. TRAVEL MUST BE VIA THE POINT OF COMBINATION.
SIDE TRIPS PERMITTED.
OPEN JAWS
FARES MAY BE COMBINED ON A HALF ROUND TRIP BASIS
-TO FORM SINGLE OR DOUBLE OPEN JAWS.
A MAXIMUM OF TWO INTERNATIONAL FARE COMPONENTS
PERMITTED.
PROVIDED -
WHEN THE OPEN SEGMENT OCCURS
-WITHIN AREA 1 OR WITHIN AREA 2 OR WITHIN AREA 3
COMBINATIONS ARE WITH ANY FARE FOR CARRIER VS IN ANY
RULE AND TARIFF.
ROUND TRIPS/CIRCLE TRIPS
FARES MAY BE COMBINED ON A HALF ROUND TRIP BASIS
-TO FORM ROUND TRIPS
-TO FORM CIRCLE TRIPS
A MAXIMUM OF TWO INTERNATIONAL FARE COMPONENTS
PERMITTED.
PROVIDED -
COMBINATIONS ARE WITH ANY FARE FOR CARRIER VS IN ANY
RULE IN ANY TARIFF.
Sales restrictions
TICKETS MUST BE ISSUED ON/BEFORE 11OCT 12.
Sales restrictions
TICKETS MUST BE ISSUED ON VS.
TICKETS MAY NOT BE ISSUED BY PTA.
NOTE -
IN THE EVENT OF DEATH OF A PASSENGER EN ROUTE -
TICKET VALIDITY OF PERSONS ACCOMPANYING THE
PASSENGER MAY BE EXTENDED FOR UP TO 45 DAYS
FROM THE DATE OF DEATH AS EVIDENCED BY A DEATH
CERTFICATE.
---
IN THE EVENT OF DEATH IN THE IMMEDIATE FAMILY OF
A PASSENGER WHO HAS COMMENCED TRAVEL -
THE VALIDITY OF THE PASSENGERS TICKET AND THOSE
ACCOMPANYING THEM MAY BE EXTENDED FOR UP TO
45 DAYS FROM THE DATE OF DEATH AS EVIDENCED
BY A DEATH CERTIFICATE.
Sales restrictions
NOTE -
EXTENSION OF TICKET VALIDITY PERMITTED UNDER
GUIDELINES SET FORTH BY CARRIER. CONTACT
CARRIER FOR DETAILS.
Penalties
CHANGES
ANY TIME
CHARGE USD 275.00 FOR REISSUE/REVALIDATION.
CHILD/INFANT DISCOUNTS APPLY.
WAIVED FOR ILLNESS OR DEATH OF PASSENGER OR FAMILY
MEMBER.
CANCELLATIONS
ANY TIME
TICKET IS NON-REFUNDABLE IN CASE OF REFUND.
WAIVED FOR ILLNESS OR DEATH OF PASSENGER OR FAMILY
MEMBER.
NOTE -
MAY BE USED AS CREDIT TOWARDS THE PURCHASE OF
A HIGHER VS FARE TYPE WITH A PENALTY OF USD 100
AND COLLECTION OF FARE DIFFERENCE HOWEVER IN THE
EVENT OF SUBSEQUENT CANCELLATION THE ORIGINAL
NON-REFUNDABLE AMOUNT WILL REMAIN NON-REFUNDABLE.
----
MAY UPGRADE THE ENTIRE JOURNEY TO A HIGHER CABIN
AT NO CHARGE BUT ANY DIFFERENCE IN FARE MUST BE
COLLECTED.
-----
THE FARE MUST BE RECALCULATED FROM THE POINT
OF ORIGIN AND ANY DIFFERENCE COLLECTED.
MIN/MAX STAY REQUIREMENTS AND ADVANCE PERIOD
MUST BE ADHERED TO.
------
WAIVER FOR ILLNESS OF PASSENGER OR IMMEDIATE
FAMILY MEMBER ONLY APPLIES IN THE EVENT OF
CERTIFABLE HOSPITALISATION.
----
WAIVER FOR DEATH OF PASSENGER OR IMMEDIATE
FAMILY MEMBER APPLIES AS EVIDENCED BY A DEATH
CERTIFICATE.
----
IN THE EVENT OF CANCELLATION OR FAILURE TO USE
CONFIRMED SPACE AN MPD WILL NOT BE ISSUED FOR
FURTHER TRANSPORTATION.
HIP exceptions
THE HIGHER INTERMEDIATE POINT RULE DOES NOT APPLY FOR
STOPOVERS.
Endorsements
THE ORIGINAL AND THE REISSUED TICKET MUST BE ANNOTATED -
NONEND/PENALTY APPLIES - IN THE ENDORSEMENT BOX.
Discounts
ACCOMPANIED CHILD 2-11 - CHARGE 80 PERCENT OF THE FARE.
TICKETING CODE - BASE FARE CODE PLUS CH
OR - 1ST INFANT UNDER 2 WITHOUT A SEAT - CHARGE 10 PERCENT
OF THE FARE.
TICKETING CODE - BASE FARE CODE PLUS IN
OR - 1ST INFANT UNDER 2 WITH A SEAT - CHARGE 80 PERCENT OF
THE FARE.
TICKETING CODE - BASE FARE CODE PLUS CH.
NOTE -
INFANTS EQUAL CHILDREN OVER ONE-1 DAY AND UNDER
TWO-2 YEARS OF AGE.
OR - UNACCOMPANIED CHILD 5-15 - CHARGE 100 PERCENT OF THE
FARE.
TICKETING CODE - BASE FARE CODE PLUS CH.
NOTE -
YOUNG PERSONS AGED 5-15 YEARS MUST BE REGISTERED
IN ADVANCE OF TRAVEL FOR THE UNACCOMPANIED
CHILDREN SERVICE AND A DECLARATION OF INDEMNITY
COMPLETED PRIOR TO TRAVEL BY THE PARENT OR
GUARDIAN. UNACCOMPANIED CHILDREN WILL ONLY BE
ACCEPTED FOR ON-LINE TRAVEL OR FOR CONNECTIONS
FROM BD FLIGHTS. THIS SERVICE IS NOT APPLICABLE
FOR ANY TRANSFERS BY RAIL/ROAD E.G. LGW-LHR.
FOR FULL DETAILS REFER TO THE VAA WEBSITE.
Discounts
ACCOMPANIED CHILD 2-11 - CHARGE 75 PERCENT OF THE FARE.
TICKETING CODE - BASE FARE CODE PLUS CH.
MUST BE ACCOMPANIED ON ALL FLIGHTS IN SAME COMPARTMENT
BY ADULT 16 OR OLDER
OR - 1ST INFANT UNDER 2 WITHOUT A SEAT - CHARGE 10 PERCENT
OF THE FARE.
TICKETING CODE - BASE FARE CODE PLUS IN.
MUST BE ACCOMPANIED ON ALL FLIGHTS IN SAME
COMPARTMENT BY ADULT 16 OR OLDER
OR - INFANT UNDER 2 WITH A SEAT - CHARGE 75 PERCENT OF THE
FARE.
TICKETING CODE - BASE FARE CODE PLUS CH.
MUST BE ACCOMPANIED ON ALL FLIGHTS IN SAME
COMPARTMENT BY ADULT 16 OR OLDER
OR - UNACCOMPANIED CHILD 5-11 - CHARGE 100 PERCENT OF THE
FARE.
NOTE -
CHILDREN AGED 5-15 YEARS MUST BE ACCOMPANIED ON
ALL FLIGHTS IN THE SAME CABIN BY AN ADULT 16
YEARS OR OLDER. ALL OTHER CHILDREN AGED 5 TO 15
YEARS MUST PAY THE ADULT FARE AND WILL BE TREATED
AS UNACCOMPANIED. PNRS MUST BE CROSS REFERENCED
STATING ACCOMPANYING PAX DETAILS WHERE ADULTS AND
CHILDREN ARE BOOKED IN SEPARATE PNRS.
UNACCOMPANIED CHILDREN MUST BE REGISTERED IN
ADVANCE OF TRAVEL FOR THE UNACCOMPANIED CHILD
SERVICE AND A DECLARATION OF INDEMNITY COMPLETED
PRIOR TO TRAVEL BY THE PARENT OR GUARDIAN.
UNACCOMPANIED CHILDREN WILL ONLY BE ACCEPTED FOR
ON-LINE TRAVEL AND THIS SERVICE IS NOT APPLICABLE
FOR ANY TRANSFERS BY RAIL/ROAD E.G. LGW-LHR.
Voluntary changes
IN THE EVENT OF CHANGES TO TICKETED FLIGHTS
FOR INFANT WITHOUT A SEAT
BEFORE DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
NO CHARGE OR HIGHEST FEE OF ALL FARE COMPONENTS AND
REPRICE USING FARES IN EFFECT TODAY
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. VS FARES ARE USED
3. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
FOR INFANT WITHOUT A SEAT
AFTER DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
NO CHARGE OR HIGHEST FEE OF ALL FARE COMPONENTS AND
REPRICE USING FARES IN EFFECT WHEN TKT WAS ISSUED
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
3. VS FARES ARE USED
4. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
5. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
BEFORE DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
CHARGE USD 275.00 OR HIGHEST FEE OF ALL FARE COMPONENTS
AND
REPRICE USING FARES IN EFFECT TODAY
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
3. VS FARES ARE USED
4. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
AFTER DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
CHARGE USD 275.00 OR HIGHEST FEE OF ALL FARE COMPONENTS
AND
REPRICE USING FARES IN EFFECT WHEN TKT WAS ISSUED
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
3. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
4. VS FARES ARE USED
5. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
6. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
ANYTIME WITHIN TKT VALIDITY
IN THE CASE OF DEATH OR ILLNESS OF PASSENGER OR FAMILY
MEMBER - CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE
OVERRIDDEN BY THOSE OF VS INTERNATIONAL FARES
NO CHARGE OR HIGHEST FEE OF ALL FARE COMPONENTS AND
REPRICE USING CURRENTLY TKTD FARE
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. NO CHANGE TO FARE BREAKS
2. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
3. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
4. VS FARES ARE USED
5. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
6. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
REFUND VIA ORIGINAL FORM OF PAYMENT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
BEFORE DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
CHARGE USD 375.00 OR HIGHEST FEE OF ALL FARE COMPONENTS
AND
REPRICE USING FARES IN EFFECT TODAY
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. CHANGE IS AFTER ORIGINAL SCHEDULED FLIGHT
3. VS FARES ARE USED
4. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
AFTER DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
CHARGE USD 375.00 OR HIGHEST FEE OF ALL FARE COMPONENTS
AND
REPRICE USING FARES IN EFFECT WHEN TKT WAS ISSUED
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
3. CHANGE IS AFTER ORIGINAL SCHEDULED FLIGHT
4. VS FARES ARE USED
5. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
6. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
BEFORE DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
NO CHARGE OR HIGHEST FEE OF ALL FARE COMPONENTS WITHIN
ALL CHANGED PRICING UNITS AND
REPRICE USING FARES IN EFFECT TODAY
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
3. VS J- FARE FAMILY IS USED
4. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
5. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
OR -
REPRICE USING FARES IN EFFECT TODAY
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
3. VS D- FARE FAMILY IS USED
4. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
5. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
OR -
REPRICE USING FARES IN EFFECT TODAY
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
3. VS I- FARE FAMILY IS USED
4. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
5. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
OR -
REPRICE USING FARES IN EFFECT TODAY
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
3. VS Z- FARE FAMILY IS USED
4. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
5. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
OR -
AFTER DEPARTURE OF JOURNEY - APPLIES WITHIN TKT VALIDITY
CERTAIN DOMESTIC REISSUE PROVISIONS MAY BE OVERRIDDEN BY
THOSE OF VS INTERNATIONAL FARES
NO CHARGE OR HIGHEST FEE OF ALL FARE COMPONENTS WITHIN
ALL CHANGED PRICING UNITS AND
REPRICE USING FARES IN EFFECT WHEN TKT WAS ISSUED
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
3. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
4. VS J- FARE FAMILY IS USED
5. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
6. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
7. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
OR -
REPRICE USING FARES IN EFFECT WHEN TKT WAS ISSUED
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
3. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
4. VS D- FARE FAMILY IS USED
5. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
6. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
7. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
OR -
REPRICE USING FARES IN EFFECT WHEN TKT WAS ISSUED
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
3. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
4. VS I- FARE FAMILY IS USED
5. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
6. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
7. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
OR -
REPRICE USING FARES IN EFFECT WHEN TKT WAS ISSUED
PROVIDED ALL OF THE FOLLOWING CONDITIONS ARE MET-
1. WHEN NO INTL COUPONS REMAIN - ALL NEW TRAVEL MUST
BE DOMESTIC
2. FULLY FLOWN FARE NOT REPRICED TO FURTHER POINT
3. CHANGE IS BEFORE ORIGINAL SCHEDULED FLIGHT
4. VS Z- FARE FAMILY IS USED
5. NEW TKT HAS EQUAL OR HIGHER VALUE THAN PREVIOUS
TKT
6. ALL RULE AND BOOKING CODE PROVISIONS ARE MET
7. ADV RES IS MEASURED FROM REISSUE DATE TO DEPARTURE
OF PRICING UNIT
WHEN CHANGE RESULTS IN LOWER FARE IGNORE RESIDUAL THEN
ADD-COLLECT
ENDORSEMENT BOX- HIGHER NON-REF AMT AND NEW ENDORSEMENTS.
Application
ECONOMY AND PREMIUM ECONOMY SALE FARES FROM USA TO AREA 2/3
APPLICATION
AREA
THESE FARES APPLY
FROM THE UNITED STATES TO AREA 2
AND AREA 3.
CLASS OF SERVICE
THESE FARES APPLY FOR ECONOMY CLASS SERVICE.
TYPES OF TRANSPORTATION
FARES GOVERNED BY THIS RULE CAN BE USED TO CREATE
ROUND-TRIP/CIRCLE-TRIP/OPEN-JAW JOURNEYS.
CAPACITY LIMITATIONS
THE CARRIER SHALL LIMIT THE NUMBER OF PASSENGERS CARRIED
ON ANY ONE FLIGHT AT FARES GOVERNED BY THIS RULE AND SUCH
FARES WILL NOT NECESSARILY BE AVAILABLE ON ALL FLIGHTS.
THE NUMBER OF SEATS WHICH THE CARRIER SHALL MAKE
AVAILABLE ON A GIVEN FLIGHT WILL BE DETERMINED BY THE
CARRIERS BEST JUDGMENT

There is no point trying to read through and understand all these slightly oddly worded terms - you will be none the wise.
Generally you will not get any refund on a K except the taxes. The ticket is valid for 1 year so you may have time to use it within the next year.
If you do not have new dates in mind then you will have to pay a fee each time you change it (US$250).
I think you have two options - book it well into the future (almost 1 year away) and pay $250 and then when you actually know the dates you want to travel you can try and change to those dates (another $250). The downside is that it will cost you $500 but at least you do not waste the whole ticket. It will cost you $250 now to change the 1st date though.

Another option is to no show for the flight. I know this sounds crazy but I have found it works out cheaper. I have even called up VS to tell them I will be no-showing so they can use the seat for someone else but they cannot actually cope with that. By no-showing you do not have to pay any fee right now.
What you can do is within the ticket validity (1 year) re-book when you know your dates and pay the change fee plus the no-show fee. In my past experience this works out less than two dates changes.

Of those two options I would choose the no-show option because I would consider I have lost the K ticket anyway so without spending any money out I at least have the option to do something with it within the next year if the opportunity arises. If not then I have not lost anything more than I have lost already.

sorry if there is too much detail here !

I decided to do nothing and no show but had to speak to reservations today on a few other bookings so asked what my options were.

From what I understand there is a $375 fee to change the booking to another date and I have 1 year to do this. I need to make a new booking in a couple of weeks and will see how this works then.