Lufthansa Made To Pay $775 Mn In US Flight Refunds [Barron's]
DEUTSCHE LUFTHANSA S/ADR (DLAKY)
NASDAQ:AMEX Investor Relations:
investor-relations.lufthansagroup.com/en.html
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Source: Barrons
made to pay over $900 million in passenger refunds due to pandemic-related flight cancellations or changes. The department is also looking into $2.5 million in civil penalties against the airlines -- Lufthansa, KLM and South African Airways -- for "extreme delays" in providing reimbursements. "When a flight is cancelled or significantly changed, you shouldn't have to fight with the airline to get their money back," said US Transportation Secretary Pete Buttigieg in a statement. "We are using all of our tools to improve air travel for everyone," he added. Lufthansa was ordered to pay $775 million in refunds, while KLM was made to pay $113.3 million and South African Airways $15.2 million. The assessed civil penalties amounted to $1.1 million each for Lufthansa and KLM, and $300,000 for South African Airways, the Transportation Department said. It added that the airlines have paid back the refunds exceeding $900 million. A Lufthansa spokesperson told AFP that the company h
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