Ryanair Fiasco Leads to Possible $1.3 Billion Compensation Bill Ryanair Fiasco Leads to Possible $1.3 Billion Compensation Bill

Ryanair Fiasco Leads to Possible $1.3 Billion Compensation Bill

Bonus Points

AwardWallet receives compensation from advertising partners for links on the blog. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.

The Ryanair flight cancellation fiasco could probably result in a bill of $1.3 billion for the company. So far Ryanair has canceled over 20,000 flights affecting more than 750,000 travelers. Initially, the company tried to bluster their way through what compensation and remedies they were obliged to provide under the EU legislation EC 261.

Photo of a Ryanair Boeing 737 taking off from an airport

This was curtailed when UK’s Civil Aviation Authority intervened on Thursday, September 28, accusing the company of failing to comply with the law, and giving the company a deadline to publish a proper response that complied with the law and its obligations under EC 261.

According to EC 261 if your flight is canceled and you are notified more than 14 days prior to departure:

“You have the right to reimbursement, re-routing or return, as well as the right to assistance.”

While there are plenty of options of remedy to choose from, you will need to contact Ryanair directly to see what is the best option for you.

Related: Claiming Compensation for a Delayed, Overbooked, or Cancelled Flight

Other Travel Insurance

Fortunately, various credit cards offer free travel insurance when you pay for your trip using them. The following cards offer travel insurance and a host of other travel benefits:

Although Amex updated the coverage offered on most of its cards, it is still not quite as good as that offered by Chase. The list of travel coverage will depend on which Amex card you hold. You can visit the Amex Website to check out what coverage you are entitled to.

Overall

Without a doubt Ryanair has poorly handled this whole situation, however, it is excellent news to see European regulators intervening for the benefit of the consumer and holding the company up to its obligations. Hopefully, if you have booked your flight with a credit card that will also offer you some degree of protection from Ryanair dropping the ball.

Source: The Daily Mail

For rates and fees of the cards mentioned in this post, please visit the following links: Chase Sapphire Reserve® (Rates & Fees), Chase Sapphire Preferred® Card (Rates & Fees), and Ink Business Preferred® Credit Card (Rates & Fees)

AwardWallet Tip of The Day
Did you know that you can view your account balances across all airlines within one of the global alliances? Click the alliance icon in the list of accounts next to any airline in an alliance to see the details.
Show me how

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.