Ryanair Says Italian Court Rulings Overturned Fines Imposed in 2022

MT Newswires Live03-06 18:13

Ryanair (RYAAR) said Friday that three Italian court rulings have overturned fines imposed on the airlines in 2022 by the Italian Civil Aviation Authority, or ENAC, for cancelling flights.

The ruling found that Ryanair is not liable to compensate passengers for the cancellations since they were caused by "extraordinary" circumstances, which include air traffic control delays, airport closures, bird strikes, or strikes by third-party service providers, according to a Google-translation of the airline's Italian statement.

The ENAC had imposed three separate fines totaling over 71,000 euros ($82,198), Ryanair said, noting that the court has ordered the regulator to reimburse the amount to the airline.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment