IATA
Older than 7 days

Airlines cannot afford ticket refunds

Alexandre de Juniac
Alexandre de Juniac, © IATA

Related News

LONDON - Global airlines cannot afford to refund cancelled flights because of the coronavirus crisis, said the head of the industry's representative body IATA, and carriers are issuing vouchers instead as they conserve cash to survive.

"The key element for us is to avoid running out of cash so refunding the cancelled ticket for us is almost unbearable financially speaking," IATA Director General Alexandre De Juniac told an online news conference on Tuesday.

Airlines have been criticised by consumer groups for breaking rules over providing refunds within set time limits. IATA also said that one-third of global airline employees have either been furloughed or lost their jobs.
© Reuters, aero.uk | 08/04/2020 14:43


Comments (0) Go Home

To write a comment, please sign up at aero.uk or log in.

Headlines

Community

Discussions on current events and developments in the aviation industry

Pilot Jobs at "SkyJobs.com by SkyTest®"

Special: Flight Training

Most Read

PaxEx.com Passenger Experience

There are new
stories at aero.uk

Reload main page