US airlines may soon face cash penalties for delayed, cancelled flights

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US airlines may soon face cash penalties for delayed, cancelled flights - Business Standard

Quick Summary:

This latest discussion on air travel delay compensation comes on the heels of a slew of regulations under the Biden Administration that have aimed to protect travelers and hold US airlines more accountable.

It may be issued as early as January 2025 and is expected to be a game changer for US passengers and the US aviation industry.“This is not radical—we are late to the game on this as a country,” says Michael Negron, special assistant to the President for economic policy at the White House, speaking at an invitation-only meeting in Washington on Sept.10.

In Europe, flights have a higher on-time rate, which Negron says indicates there may be a strong correlation with the fact that the European airlines are required to compensate travelers.