EU Transport Commissioner says airlines must continue to reimburse passengers for flight cancellations caused by high energy prices, the FT reports

The EU Transport Commissioner's statement reinforces the regulatory expectation that airlines must continue reimbursing passengers for cancellations tied to rising energy costs.

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EU Transport Commissioner says airlines must continue to reimburse passengers for flight cancellations caused by high energy prices, the FT reports

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This could weigh on airline profitability, particularly for carriers with substantial exposure to volatile energy prices, impacting investor sentiment in European equities more broadly.

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