Category: refunds

IRS Announces It Sent Out 12 Million Tax Refunds After Making Corrections

January 10, 2023
Business & MarketseconomyIRSrefundsUSUS News
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The Internal Revenue Service (IRS) announced it sent out 12 million refunds totaling nearly $15 billion after making corrections to taxes that were filed in 2020. The agency said it reviewed forms 1040 and 1040-SR from the 2020 tax year that were filed before March 2021, or when the American Rescue Plan was signed into…

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Southwest Airlines Is Sued for Not Providing Refunds After Meltdown

January 3, 2023
Business & MarketsCompaniesexpensepassengersrefundsreimbursementsSouthwest Airlines
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NEW YORK—Southwest Airlines has been sued by a passenger who said it failed to provide refunds to passengers left stranded when an operational meltdown led the carrier to cancel more than 15,000 flights late last month. In a proposed class action filed on Dec. 30 in New Orleans federal court, Eric Capdeville accused Southwest of…

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Transportation Dept. Demands 6 Airlines Pay Over $600 Million in Refunds to Passengers

November 15, 2022
airlinesBusiness & MarketsCompanieseconomic policieseconomyflight cancellationrefundsUSUS News
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The U.S. Department of Transportation (DOT) on Nov. 14 announced “historic enforcement actions” against six airlines that have collectively been fined more than half a billion dollars for passengers who were owed a refund because of flight cancellations or changes. Frontier, Aeromexico, Air India, TAP Portugal, El Al, and Avianca were required to pay about…

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UK Scraps Action Against Ryanair, British Airways Over Refunds

October 7, 2021
British AirwaysCompetition and Markets AuthorityrefundsRyanairUKWorld
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LONDON—Britain’s competition regulator has scrapped its action against Ryanair and British Airways over their failure to offer refunds to passengers prevented from flying by COVID-19 restrictions, saying the legal position was unclear. During pandemic lockdowns, instead of offering refunds to those legally unable to fly, IAG-owned British Airways offered vouchers or rebooking, and Ryanair providing…

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