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European airliners face risk in delayed flight cases

  • Two flight delay cases in the U.K. will be closely watched by carriers at risk of paying out a large amount of money if the rulings go against them.
  • Passengers in EU nations have filed suit after failing to be compensated for flights which arrived more than three hours later than scheduled. A judge could rule that passengers are entitled to funds for flights from years ago.
  • Related stocks: Lufthansa (DLAKY), Ryanair (RYAAY), Air France-KLM (AFLYY), EasyJet (ESYJY), International Airlines Group.
This was corrected on 04/28/2014 at 11:02 AM.
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Comments (1)
  • petemadison
    , contributor
    Comment (1) | Send Message
     
    The ruling has been handed down and though it's being appealed in the courts it's clear that the passengers were indeed entitled to compensation. In reality this is something that should have been clarified years ago.

     

    A year or so ago my flight was delayed by over 6 hours and the airline in question made it almost impossible for us to claim the money that we were entitled to. In the end we had to use a claims management agent called refund.me (https://www.refund.me/en) but it shouldn't have got to that. Airlines should pay what they're legally obliged to straight up, not fight tooth and nail to avoid doing so. It's the law for goodness sake!
    16 Sep 2014, 07:43 AM Reply Like
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