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British authorities crack down on airline disruptions

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Britain’s competition and aviation regulators are warning airlines of action if ongoing flight disruptions continue

European airports have been battered by delays, cancellations and industrial action.

But British authorities are cracking down on the latest passenger dissatisfaction.

“We are concerned that consumers could experience significant harm unless airlines meet their obligations and minimise flight disruptions throughout the summer and beyond.”

COMPETITION AND MARKETS AUTHORITY & THE CIVIL AVIATION AUTHORITY

The Competition and Markets Authority (CMA), and the Civil Aviation Authority (CAA) have issued warnings as airlines struggle to keep up with a surge in demand after the pandemic.

It also follows a string of supply chain pressures in relation to fuel, and staff shortages.

Carriers have also been put on notice for not supporting customers whose flights have been cancelled.

The CMA and CAA believe some airlines are creating “harmful practices” by not offering appropriate compensation.

Authorities are pushing for airlines to offer alternative flight options, better communication, and refunds for some affected passengers.

The regulators say some carriers are performing better than others, while others are lagging behind.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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