LUV - US Department Penalizes 3 Airlines With $2.5M In Fines For Slow COVID-19 Refunds | Benzinga
On Monday, the U.S. Transportation Department announced that it is assessing $2.5 million in civil penalties against three airlines for significant delays in issuing refunds owed to passengers due to COVID-19-related flight disruptions.
The affected airlines are Lufthansa (OTC:DLAKY) (OTC:DLAKF), KLM Royal Dutch Airways (OTC:KLMR), and South African Airways.
The U.S. Department stated that these penalties stem from delays in providing over $900 million in refunds to passengers whose flights were disrupted by the pandemic.
Passengers had to wait months for their refunds. Lufthansa and KLM each faced penalties of $1.1 million.
The DOT ...