financetom
Business
financetom
/
Business
/
US congressional negotiators strengthen airline refund provision
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US congressional negotiators strengthen airline refund provision
May 7, 2024 2:12 PM

WASHINGTON, May 7 (Reuters) - House and Senate

negotiators have agreed to revise language on airline passenger

refunds after some lawmakers raised concerns.

On April 24, the U.S. Transportation Department finalized

new rules requiring automatic cash refunds for canceled flights

when passengers choose not to take a new flight. A bipartisan

proposal in Congress released last week said passengers must

request the refunds. The revised language makes refunds

automatic in many instances but also makes clear they would not

apply if passengers are rebooked and accept a new flight.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Shares Of Moolec Science Are Skyrocketing Today
Why Shares Of Moolec Science Are Skyrocketing Today
Apr 22, 2024
Shares of Moolec Science SA ( MLEC ) are trading higher after the company said it received approval for its plant-grown animal proteins. The Animal and Plant Health Inspection Service (APHIS) of the U.S. Department of Agriculture (USDA) has concluded its Regulatory Status Review (RSR) for Moolec’s genetically engineered (GE) soybean Piggy Sooy. The USDA-APHIS RSR has concluded that Moolec’s genetically engineered soybean, accumulating...
Zions Bancorporation's Q1 Earnings, Revenue Fall
Zions Bancorporation's Q1 Earnings, Revenue Fall
Apr 22, 2024
08:25 AM EDT, 04/22/2024 (MT Newswires) -- Zions Bancorporation (ZION) reported Q1 earnings Monday of $0.96 per diluted share, down from $1.33 a year earlier. Analysts polled by Capital IQ expected $0.95 per share. Revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income, was $742 million, down from $839 million a...
Vista Outdoor Urges MNC Capital to Raise Proposed Takeover Offer
Vista Outdoor Urges MNC Capital to Raise Proposed Takeover Offer
Apr 22, 2024
08:21 AM EDT, 04/22/2024 (MT Newswires) -- Vista Outdoor ( VSTO ) said Monday it is engaging in talks with MNC Capital and advised the latter to increase its proposed takeover offer of the company. MNC Capital offered to acquire Vista on March 25 for $37.50 per share. The proposed offer by MNC undervalues the company and the board does...
Tidewater Renewables Announced Director and Officer Resignations, New Lead Director and CFO and HDRD Update
Tidewater Renewables Announced Director and Officer Resignations, New Lead Director and CFO and HDRD Update
Apr 22, 2024
08:26 AM EDT, 04/22/2024 (MT Newswires) -- Tidewater Renewables Ltd. ( TDWRF ) , which lost 2.5% last Friday, on Monday announced that John Adams has resigned as a director due to potential future conflicts of interest identified by Adams with respect to his position. Also, as of May 16, 2024, Raymond Kwan will no longer be the Chief Financial...
Copyright 2023-2026 - www.financetom.com All Rights Reserved