June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

UK regulator forces airline Wizz to improve refund process

Published 27/07/2023, 09:20
© Reuters. FILE PHOTO: Wizz Air's aircraft takes off from Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. REUTERS/Bernadett Szabo
WIZZ
-

LONDON (Reuters) - Britain's regulator has ordered Wizz Air (LON:WIZZ) to change its processes after it received high volumes of complaints about the Hungary-based airline not issuing passenger refunds for cancelled flights.

The Civil Aviation Authority said on Thursday that after engaging with the regulator, Wizz had signed undertakings to formalise the changes, which include reconsidering claims from the last 15 months which had previously been rejected.

The airline's compliance with the revised policy will be monitored over the coming months, the CAA said.

The enforcement action taken by the CAA sent a clear message to all airlines that they must meet their obligations, the regulator's joint-interim chief executive Paul Smith said.

"We will not hesitate to step in if we believe that airlines are not consistently doing this," he said.

"We will continue to watch the situation closely to check that passengers receive what they are owed and that Wizz Air’s policies have improved."

Last spring and summer, staff shortages at airports and constrained air space caused flight disruption and cancellations across Europe for Wizz and other airlines.

© Reuters. FILE PHOTO: Wizz Air's aircraft takes off from Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. REUTERS/Bernadett Szabo

Wizz said in a separate statement that it had launched a series of initiatives to reduce cancellations and had invested 90 million pounds ($117 million) to improve operations given the ongoing air traffic control challenge.

($1 = 0.7701 pounds)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.