European airliners face risk in delayed flight cases

|By:, SA News Editor

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. International Airlines Group's symbol incorrectly identified as IAG.