On the Beach Says UK Court Awards It GBP2 Million in Ryanair Customer Refund Case
01 November 2023 - 12:48AM
Dow Jones News
By Anthony O. Goriainoff
On the Beach Group said a top U.K. court ruled in favor of its
application for a summary judgment against Ryanair over refunds
paid to customers, and that it has been awarded around 2 million
pounds ($2.4 million).
The U.K. online holiday retailer said Tuesday that the refunds
are related to money it paid to customers after the Irish low-cost
airline canceled flights or made changes to them during the
coronavirus pandemic.
The company said the High Court of Justice found that Ryanair
was obliged to refund the money to On the Beach.
On the Beach said it will also be claiming for costs incurred
due to the proceedings. It said it will take steps to recover cash
refunds made to customers in those circumstances in which Ryanair
hasn't yet provided a refund.
Ryanair said it welcomed the ruling and that online travel
agencies must demonstrate that they have paid flight-refunds to
consumers before the airline reimburses any money to them.
OTB shares at 1312 GMT were up 2.20 pence, or 2.3%, at 96.50
pence.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 31, 2023 09:33 ET (13:33 GMT)
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