Spain slaps $187 million fine on Ryanair, EasyJet and others for 'abusive' cabin luggage fees
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Spain's Ministry of Consumer Rights has fined five low-budget airlines, including Ryanair and EasyJet, a total of $187 million for 'abusive' cabin luggage fees. Ryanair received the largest fine of 107.78 million euros.
November 22, 2024 | 11:45 am
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Ryanair has been fined 107.78 million euros by Spain for 'abusive' cabin luggage fees, the largest portion of a total $187 million fine against five airlines.
The fine represents a significant financial penalty for Ryanair, likely affecting its short-term financial performance and stock price. The regulatory action may also impact investor sentiment negatively.
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