Italian antitrust regulators have slapped fines on EU budget airlines Ryanair and EasyJet for a lack of transparency in offering insurance to customers, say reports.
A fine of $1.16 million was sanctioned against Ryanair, while EasyJet was stung with a $270,000 fine.
The regulator has given Ryanair 30 days to respond to the sanctions with a plan to make its flight cancelation insurance policy more consumer-friendly, reports say, while EasyJet had already made adjustments to its policy.
Full Content: City A.M.
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