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Monday 17 February 2014 4:53 am

Italy slaps fines on Ryanair and EasyJet for unfair insurance practices

By: Harriet Green

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Budget airline Ryanair has been fined €850,000 (£694,000) by Italy’s antitrust authority for lack of transparency when it comes to their optional insurance offerings.

EasyJet was also fined €200,000 for the same thing.

The authority said today that Ryanair has been given 30 days to respond on how it intends to make its optional flight cancellation insurance offers more consumer friendly. It added that EasyJet had already made provisions.

Ryanair shares are currently down 0.15 per cent.

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