financetom
Business
financetom
/
Business
/
US Transportation Department Seeks Public Input on Airline Disruption Compensation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Transportation Department Seeks Public Input on Airline Disruption Compensation
Dec 5, 2024 6:14 AM

08:54 AM EST, 12/05/2024 (MT Newswires) -- The US Transportation Department sought public input Thursday on proposed rules that would require airlines to pay passengers cash compensation of up to $775, rebook them for free on the next available flight, and cover meal, lodging and transportation costs during disruptions caused by the air carrier.

The department noted that Canada, Brazil, the European Union, the UK and other nations require airlines to compensate passengers and provide services when an airline mechanical or technical failure results in a delay, while no US airline does so.

Though the largest US airlines have committed to rebook stranded passengers for free and cover meals and lodging during disruptions, "airlines can change course on their customer service commitments at their discretion," the department statement said.

"There is no legal obligation for airlines to notify passengers when they are entitled to services promised in the customer service plan, and their policies are generally vague on the details of delivery," the department said.

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 >
Air Liquide plans $250 mln plant to supply gas for chipmaker Micron
Air Liquide plans $250 mln plant to supply gas for chipmaker Micron
Jun 5, 2024
June 5 (Reuters) - Air Liquide will invest $250 million on a new industrial gas plant in Idaho to supply U.S. chipmaker Micron Technology ( MU ) with ultra-pure nitrogen and other gases. Semiconductor companies have been boosting production capacity on expected growing demand for chips used in virtually all electronics. This investment will support the production of leading-edge memory...
Indian airlines' FY25 loss to widen, capacity crunch to ease, says CAPA
Indian airlines' FY25 loss to widen, capacity crunch to ease, says CAPA
Jun 5, 2024
By Shivansh Tiwary, Chris Thomas and Nandan Mandayam NEW DELHI, June 5 (Reuters) - Indian airlines are expected to post a bigger industry-wide loss in fiscal 2025 as higher costs outweigh rising demand and costlier tickets, a top aviation consultancy said on Wednesday. CAPA India estimated losses for the year ending March 2025 at between $400 million to $600 million....
Matterport Insider Sold Shares Worth $1,572,848, According to a Recent SEC Filing
Matterport Insider Sold Shares Worth $1,572,848, According to a Recent SEC Filing
Jun 5, 2024
03:15 AM EDT, 06/05/2024 (MT Newswires) -- Raymond J Pittman, Director, Chief Executive Officer, on June 01, 2024, sold 358,610 shares in Matterport ( MTTR ) for $1,572,848. Following the Form 4 filing with the SEC, Pittman has control over a total of 3,546,100 shares of the company, with 3,546,100 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1819394/000156218024004682/xslF345X03/primarydocument.xml Price: 4.3891, Change: +0.04,...
BlackRock, Citadel Securities-backed group to start new Texas stock exchange
BlackRock, Citadel Securities-backed group to start new Texas stock exchange
Jun 5, 2024
June 4 (Reuters) - A group backed by BlackRock ( BLK ) and Citadel Securities is planning to start a new national stock exchange in Texas, a spokesperson for Citadel Securities said on Tuesday. The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year, The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved