Airline ticket refund case: Centre suggests 0.5% interest per month
NEW DELHI: The Centre on Wednesday informed the Supreme Court that it can ask concerned airlines to pay a 0.5% interest per month on delayed refunds of tickets.
The recommendation was made before an apex court bench headed by Justice Ashok Bhushan in a plea seeking issuance of full refund for flights cancelled due to covid-19 lockdown.
The central government added that it was open to considering interest of “any particular segment of passengers if adversely affected” due to cancellation of tickets.
