Airlines must reimburse passengers for fuel price flight cancellations in EU
Updated
Updated · OilPrice.com · May 7
Airlines must reimburse passengers for fuel price flight cancellations in EU
13 articles · Updated · OilPrice.com · May 7
EU commissioner Apostolos Tzitzikostas told the Financial Times carriers cannot treat high jet fuel prices as an extraordinary circumstance exempting refunds.
He said an EU plan launched last month to speed coordination among member states on jet fuel and diesel supplies should help manage current disruptions before peak tourism season.
Europe faces soaring kerosene costs above $200 a barrel after war in Iran and Strait of Hormuz disruption constrained supplies, while Lufthansa has warned of an extra $2 billion fuel bill.
As fuel supplies dwindle, is the EU's tough stance on refunds setting the stage for mass summer travel chaos?
Airlines face a $2 billion fuel bill, yet the EU demands full refunds. Is this consumer protection or an industry death sentence?
With the UK easing rules, will the EU's rigid refund policy cause airlines to flee its skies?