Enough with airline hidden fees: DOT rules take aim at 'corporate rip-offs' [USA TODAY]
Booking Holdings Inc. (BKNG)
Last booking holdings inc. earnings: 2/26 04:04 pm
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Source: USA TODAY
As part of the Biden-Harris Administration's efforts to crack down on “corporate rip-offs,” two new air travel rules were finalized. The rules mandate airlines to pay full refunds in a timely and straightforward manner and ensure transparency regarding fees associated with air travel. The new regulations are expected to save consumers over half a billion dollars each year in hidden junk fees, the DOT said. “Passengers deserve to know upfront what costs they are facing and should get their money back when an airline owes them – without having to ask,” Secretary of Transportation Pete Buttigieg said in a statement. “Today's announcements will require airlines to both provide passengers better information about costs before ticket purchase, and promptly provide cash refunds to passengers when they are owed – not only saving passengers time and money, but also preventing headaches.” Here's what to know about the newly finalized rules for airline passengers. What are the new rul
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News
- Booking Holdings Inc. (NASDAQ: BKNG) had its price target raised by analysts at Wells Fargo & Company from $3,435.00 to $3,494.00. They now have an "equal weight" rating on the stock.MarketBeat
- Expedia stock sinks on full-year guidance cut, Q1 bookings [Yahoo! Finance]Yahoo! Finance
- Booking Holdings (BKNG) Q1 Earnings Beat, Revenues Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- Booking Holdings Inc. (NASDAQ: BKNG) had its price target raised by analysts at JPMorgan Chase & Co. from $3,950.00 to $4,025.00. They now have an "overweight" rating on the stock.MarketBeat
- Booking Holdings Inc. (NASDAQ: BKNG) had its "outperform" rating re-affirmed by analysts at BMO Capital Markets. They now have a $4,205.00 price target on the stock, up previously from $4,150.00.MarketBeat
BKNG
Earnings
- 5/2/24 - Beat
BKNG
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- BKNG's page on the SEC website