NIKKEI 225
38,841.75 +351.58 (+0.91%) HANG SENG
18,566.06 +141.10 (+0.77%) CRUDE OIL
74.50 +0.43 (+0.58%) GOLD FUTURES
2,389.40 +13.90 (+0.59%) DOW
38,807.33 +96.04 (+0.25%) Bitcoin GBP
55,611.20 +280.85 (+0.51%)
Deutsche Lufthansa AG (LHAD.XC)
- Benzinga
US Department Penalizes 3 Airlines With $2.5M In Fines For Slow COVID-19 Refunds
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
- Reuters
US imposes $2.5 million in airline penalties over delayed COVID refunds
WASHINGTON (Reuters) -The U.S. Transportation Department (USDOT) said on Monday it has imposed $2.5 million in civil penalties in total against Lufthansa, Air France unit KLM Royal Dutch Airways and South African Airways. The civil penalties, the department said, are for significant delays in providing more than $900 million in refunds owed to passengers due to flights disrupted by the COVID-19 pandemic and after thousands of airline customers were forced to wait months.
- Simply Wall St.
Bayerische Motoren Werke Leads Three Key German Dividend Stocks
Amid a backdrop of mixed performances across major European stock indexes, with Germany's DAX experiencing a slight downturn, investors continue to seek stable returns in uncertain times. Dividend stocks, such as those from established German companies, offer potential for steady income, making them an appealing option in the current economic climate where cautious optimism and strategic investment choices prevail.
