👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Major EU airlines agree to refund passengers after pandemic flight cancellations

Published 09/30/2021, 12:30 PM
Updated 09/30/2021, 12:36 PM
© Reuters. FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay

By Marine Strauss

BRUSSELS (Reuters) - A group of European airlines agreed on Thursday to refund passengers whose flights were cancelled during the COVID-19 pandemic, and committed to provide better information on passengers' rights in future.

After talks with the European Commission, 16 airlines agreed to clear refund backlogs, to better inform travellers when companies would cancel flights and to offer vouchers only when passengers chose them.

The airlines included Air France-KLM, British Airways, Easyjet, Lufthansa, Ryanair, TAP, and Wizz Air among others.

"In the early phase of the pandemic, some airlines pushed vouchers on passengers," Didier Reynders, European commissioner for justice, said in a statement. "They were acting against EU consumer protection rules. That was unacceptable," he said.

National authorities in individual EU states are responsible for the enforcement of EU consumer protection laws. The EU law, the Consumer Protection Cooperation Regulation, has created a network of state enforcers to coordinate on such issues.

The EU Commission said this was the biggest Consumer Protection Cooperation action in the CPC network's history and the first action that was based on an alert from the Commission.

"Airlines have breached European consumer rights on a massive scale during the pandemic," Monique Goyens, general director of the European Consumer Organisation CEUC, which led the complaint to the EU in July 2020, said in an emailed statement.

© Reuters. FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay

"It's time for airlines to clean up their act ... Many consumers across Europe are still waiting for their money back, for flights cancelled during the first lockdowns in 2020."

EU transport chief Adina Valean also welcomed the agreement, adding that it will restore trust between passengers and airlines. "The recovery of the air transport sector depends on this," she said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.