Welcome to Extreme Investor Network, where we provide unique and valuable information for savvy investors like you. Today, we are diving into the world of finance and how it intersects with natural disasters like Hurricane Helene.
As the Southeast U.S. grapples with the aftermath of Hurricane Helene, travelers facing disruptions to their air travel plans may find themselves at a loss when it comes to seeking compensation from airlines. Eric Napoli, Chief Legal Officer at AirHelp, points out that air passengers in the U.S. have limited rights when it comes to compensation during significant disruptions.
In the wake of Hurricane Helene’s devastation, travelers hoping to change flights or cancel their plans for a refund may encounter resistance from airlines. The U.S. Department of Transportation states that airlines owe prompt refunds to passengers for significant flight changes or cancellations, regardless of the reason. However, weather-related events like hurricanes are typically considered beyond an airline’s control, leaving passengers with limited compensation options.
Despite the challenges, some airlines are making concessions for passengers affected by Hurricane Helene. For example, United Airlines is waiving change fees and fare differences for affected passengers who choose to reschedule their flights within certain parameters. American Airlines and Delta Airlines are also offering flexibility for passengers traveling through specific areas affected by the hurricane.
When it comes to travel insurance, experts advise consumers to carefully review their policies to ensure coverage for trip disruptions due to natural disasters. Additionally, those who used a credit card to purchase their trip may have travel reimbursement benefits from their card issuer, even in cases of severe weather events.
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