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BBCNEWS Business Today June 4, 2024 00:32:00 - Vimarsana News

BBCNEWS Business Today June 4, 2024 00:32:00

There'll be a live update on our website later this morning so do check out bbc.com/news. now to the aviation sector — because three international airlines have been hit with fines for slow covid refunds. lufthansa, klm royal dutch airlines and south african airways have all face civil penalties totalling $2.5 million. michelle fleury has the latest from new york. yes. the us department of transportation said today's action stems from extreme delays in refunds worth more than $900 million from lufthansa, klm and south african airways. all of this related to covid—19 flight changes and canc...

BBCNEWS Business Today June 4, 2024 00:33:00 - Vimarsana News

BBCNEWS Business Today June 4, 2024 00:33:00

With the airline to get their money back. lufthansa and dutch flag carrier klm were both fined over $1 million each. south african airways was ordered to pay $300,000. germany's lufthansa said in a statement it had made all the required refunds and blamed the historically unprecedented level of refunds during the covid—19 pandemic for the delay. the department of transportation, meanwhile, has launched a new dashboard in an attempt to put public pressure on airlines to address customer concerns. all of this has caused groh from the biden administration to cut back on so—called junk fees. l...

BBCNEWS Business Today June 4, 2024 04:40:00 - Vimarsana News

BBCNEWS Business Today June 4, 2024 04:40:00

Was about holding airlines accountable, adding that passengers — well, they shouldn't have to fight with the airline to get their money back. lufthansa and dutch flag carrier klm were both fined over $1 million each. south african airways was ordered to pay $300,000. germany's lufthansa said in a statement it had made all the required refunds, and blamed the historically unprecedented level of refunds during the covid—19 pandemic for the delay. the department of transportation, meanwhile, has launched a new dashboard in an attempt to put public pressure on airlines to address customer conc...

BBCNEWS Business Today June 4, 2024 04:39:00 - Vimarsana News

BBCNEWS Business Today June 4, 2024 04:39:00

But also to wave off some of the loans that will be maturing or are maturing.— or are maturing. there is so much to _ or are maturing. there is so much to talk— or are maturing. there is so much to talk about - or are maturing. there is so much to talk about here - or are maturing. there is so j much to talk about here and or are maturing. there is so i much to talk about here and it is an economy that is so interesting. thank you, amber shamsi. we will keep an eye on how that trip goes for pakistan's prime minister. three international airlines have been hit with fines for slow covid refu...

BBCNEWS Business Today June 4, 2024 01:33:00 - Vimarsana News

BBCNEWS Business Today June 4, 2024 01:33:00

Criticisms by the opposition party. in their manifestos they have promised to bring in more jobs and look at continuing the reform agenda and this election definitely would be a referendum on the economic push by the modi government. in the election, to this large extent was also marked by divisive speeches, high—pitched campaigns, fake news and also concerns that this election was not as fair and equal as it should have been. thanks very much for— should have been. thanks very much for getting _ should have been. thanks very much for getting us _ should have been. thanks very much for get...