Ryanair has been fined millions of euros in Italy

News

Ryanair has been fined millions of euros in Italy

28.05.2021 News

The Italian Competition and Market Administration has fined the Irish airline Ryanair 4.2 million euros for the fact that the carrier did not reimburse the cost of tickets for canceled flights after June 3, 2020.

It is noted that the Antimonopoly Office recognized this practice as unfair after the easing of restrictions on movement in force in connection with the coronavirus pandemic.

The newspaper points out that two other low-cost carriers, Britain’s EasyJet and Spain’s Volotea, were previously fined € 2.8 million and € 1.4 million respectively. According to the regulator, these companies under the pretext of a pandemic continued to cancel flights, tickets for which, in particular, were sold at a reduced price. At the same time, the cost of tickets was not reimbursed, and vouchers for future trips were offered.

In addition, Ryanair is exposed for conducting an incorrect advertising campaign for consumers, providing inaccurate or false information about the possibility of exchanging a ticket without penalties.

Other articles

  • The world’s first country legalized bitcoin as a means of payment
    News

    The world’s first country legalized bitcoin as a means of payment

    El Salvador was the first in the world to legalize bitcoin as an official means of payment. Such a law was passed by the country’s parliament. 62 parliamentarians supported the bill, 19 voted against, and three abstained. President Nayib Bukele intends to sign the law soon, after which it will take effect “immediately”. Thus, accepting […]

  • Pfizer has begun testing the COVID vaccine on children under 12 years of age
    News

    Pfizer has begun testing the COVID vaccine on children under 12 years of age

    Pfizer will test its COVID vaccine in children under 12 years of age. Radio Svoboda reported this with reference to the company’s statement. The study will involve up to 4,500 children in the United States, Finland, Poland and Spain. The drug is already approved for use in emergencies for adolescents 12 years and older in […]

  • The president promises industrial reform in 10 years
    News

    The president promises industrial reform in 10 years

    It takes at least 10 years to reform Ukrainian industry. President Volodymyr Zelensky stated this during the Ukraine 30 forum. “Modernization of industry, which has not taken place in Ukraine so far, will take place this time. We are talking about modernization of large industry, any, not just TPP. But do not believe those who […]

  • The media has learned that American billionaires pay meager taxes
    News

    The media has learned that American billionaires pay meager taxes

    In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation. In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff […]

  • Biden overturned Trump’s decree banning TikTok
    News

    Biden overturned Trump’s decree banning TikTok

    US President Joe Biden on Wednesday, June 9, signed a decree lifting restrictions against Chinese services TikTok and WeChat, imposed by former President Donald Trump. The press service of the White House reports. This is a decree of August 2020 on restrictions against the Chinese companies ByteDance and Tencent, which own the video service TikTok […]

  • Zoom projected revenue for 2021 at about $ 4 billion
    News

    Zoom projected revenue for 2021 at about $ 4 billion

    The company, which was boosted by the coronavirus pandemic, continues to grow customers despite declining video conferencing. From February to April, 497 thousand organizations bought the premium version of Zoom, which is almost 30 thousand more than in the period from November to January. Although these data suggest a slowdown in customer growth, as from […]

  • Virgin Galactic has announced a research flight
    News

    Virgin Galactic has announced a research flight

    Richard Branson’s aerospace company Virgin Galactic has announced a contract for a special research flight by Kelly Gerard, a member of the International Space Institute (IIAS). The astronaut will conduct experiments and test new health technologies while in space. The company’s shares in the premarket rose 7.61% to $ 33.5. “Much of our mission is […]

  • Biden blacklisted 59 Chinese companies
    News

    Biden blacklisted 59 Chinese companies

    U.S. President Joe Biden on Thursday signed a decree banning Washington from investing in 60 Chinese companies that the White House says are undermining U.S. security. “This executive order allows the United States to ban investments in Chinese companies that undermine the security or democratic values ​​of the United States and our allies,” the document […]

Read also

Ryanair has been fined millions of euros in Italy
News

AMD will merge with rival Xilinx by exchanging shares

American chipmaker Advanced Micro Devices Inc (AMD) is buying rival Xilinx Inc for $ 35 billion under a deal that it will be paid for in full by AMD shares. According to a press release from AMD, the operation will create a company worth about $ 135 billion. “The acquisition of Xilinx will allow AMD […]

Next
Ryanair has been fined millions of euros in Italy
News

From the sale of enterprises of “Ukrspirt” the state plans to raise between 200 and 400 million dollars

From the sale of enterprises of “Ukrspirt” the state plans to raise between 200 and 400 million dollars. This was announced by Minister of Agricultural Policy Taras Kutovojs in an interview. “The market itself will determine the amount. According to the forecasts, I think it should be from 200 to 400 million dollars “, – the […]

Next
Ryanair has been fined millions of euros in Italy
News

Economic Court of Odessa region has entered rehabilitation procedure “Odessa Oil and Fat plant”

Economic Court of Odessa region has introduced the procedure of readjustment PJSC “Odessa Oil and Fat Plant”, 29 July 2016. This is stated in the relevant court judgment in the case №916/4932/15. The case of bankruptcy of PJSC “Odessa Oil and Fat Plant” Court of Odessa region was initiated December 28, 2015. Manager of readjustment has […]

Next
Ryanair has been fined millions of euros in Italy
News

IBM’s revenue exceeded forecasts due to the growth of the “cloud” business

US International Business Machines Corp. (IBM) slightly increased its net profit in the third quarter of 2020, despite on the declining revenue in the context of the coronavirus pandemic, forcing businesses to delay implementation of projects to preserve capital. According to the press release of the company, Net income in July-September was $ 1.7 billion, […]

Next
Ryanair has been fined millions of euros in Italy
News

Toyota has introduced two cars with autonomous driving

Toyota Motors has introduced two cars Lexus IS and Toyota Mirai with new autonomous driving functions. New Advanced Drive assist technology includes a second-level autonomous system that helps drive the car by restricting the car’s lane, maintaining distance from other vehicles and changing lanes under the supervision of the driver. According to Toyota CEO James […]

Next
Ryanair has been fined millions of euros in Italy
News

Unilever will invest € 8.3 million in a factory of the tea production of the in the Kiev region

A major manufacturer of products, Unilever Company intends to launch a tea factory in the Kiev region in the second half of 2016. The company has already invested in the project  € 8.3 million.  “Unilever will launch its own tea factory in Gostomel. Unilever works on the project from the middle of 2015, and at […]

Next
Ryanair has been fined millions of euros in Italy
News

Lawyer.ua – the first legal assistance on the international scale

S&P Investment Risk Management Agency launched a legal portal Lawyer.ua 5 years ago. It was designed as an innovative online-platform for lawyers’ communication and for all who needed legal assistance. Experts now can effectively provide legal services in personal online-cabinets while clients can get qualified legal assistance promptly. Today, Lawyer.ua has grown into a large-scale […]

Next
Ryanair has been fined millions of euros in Italy
News

The court suspended the ACU’s decision to seize the accounts of tobacco companies

The Commercial Court of Kyiv suspended the decision of the Antimonopoly Committee, which seized the accounts of tobacco companies as part of a forced fine of UAH 6.5 billion. “The court rejected their request. We welcome this decision, since the arrest of accounts could endanger the normal functioning of large companies and negatively affect tax […]

Next
Ryanair has been fined millions of euros in Italy
News

The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company

The ABH Ukraine, Cyprus company said it would buy a 50% stake in the “Alfa Insurance” insurance company. Recently, the Antimonopoly Committee has permitted  ABH Ukraine (Cyprus) to buy a 50% stake in the “Alfa Insurance” insurance company,  according to the Antimonopoly Committee report. “It was given a resolution to the ABH Ukraine Limited company […]

Next
Ryanair has been fined millions of euros in Italy
News

The World Bank has assessed the consequences of the salary increase in Ukraine

The increase of the minimum wage in Ukraine from UAH 5,000 to UAH 6,500 in 2021 may increase the state budget deficit to more than 6% of gross domestic product. This is stated in the economic review of the World Bank. In addition, the increase in the minimum wage will increase the overall need to […]

Next
Ryanair has been fined millions of euros in Italy
News

Svarog West Group directs $ 3.5 million for innovative projects

“Svarog West Group” will direct $ 3.5 million for innovative projects in 2016. That was said by the chairman of the Corporation Andrey Gordiychuk in an interview to the AgroPolit.com. According to him, the investment “appetite” of the company significantly decreased in 2016. “But this does not apply to investments in research and development: ours are IT-solutions, […]

Next
Ryanair has been fined millions of euros in Italy
News

Who has led Formula 1 ?

The deal on the absorption by the US company Liberty Media group of companies Formula 1 is currently closed. Liberty Media has confirmed the completion of the absorption of the prestigious auto-racing Formula 1, and said that a new CEO position will head Chase Kerry. He succeeds his predecessor, Bernie Ecclestone. It became known from […]

Next
Ryanair has been fined millions of euros in Italy
News

Nissan Motor suffered a loss of $ 3.1 billion

The net loss of the Japanese automaker Nissan Motor in the first half of 2020-2021 fiscal year amounted to 330 billion yen ($ 3.1 billion) against a profit of 65.4 billion yen (about $ 620 million) a year earlier, follows from the financial statements of the company. The loss per share was 84.33 yen ($ […]

Next
Ryanair has been fined millions of euros in Italy
News

We will exactly stay with bread: business will receive more than 300 million UAH of investment

Tryndiuk Yurii, who is the owner and president of the company Khlibni investytsii, reported on what amount of money will be invested in improving the production of bread in this year. This amount is equal to more than 300 million UAH. About it has reported the source delo.ua. Total production of bread in Ukraine is […]

Next
Ryanair has been fined millions of euros in Italy
News

Royal Dutch Shell has sold a part of its business in Malaysia

Dutch-British oil and gas holding company Royal Dutch Shell has transferred a majority stake (51%) of its Malaysian business to local manufacturer – the company Malaysia Hengyuan International Ltd. It is reported by news portal Inventure with reference to the foreign media. According to official information, the transaction value gets at 66.3 million dollars. As […]

Next
Ryanair has been fined millions of euros in Italy
News

Musk promises that the Tesla plant near Berlin will become the world’s largest battery manufacturer

Tesla CEO Elon Musk wants to turn the Tesla plant near Berlin into the world’s largest factory for the production of batteries for electric vehicles. The businessman stated this on Tuesday, November 24, speaking via video link at the European Conference of Battery Manufacturers. The plant near Berlin will be one of a kind as […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com