U.S. airlines sitting on $10 billion owed to consumers for canceled flights, lawmakers say [Reuters]
Delta Air Lines, Inc. (DAL)
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Source: Reuters
U.S. airlines sitting on $10 billion in travel vouchers, lawmakers say (Reuters) - U.S. airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash refunds from canceled flights, a group of senators released on Friday. Many U.S. airlines are cancelling between 60% and 80% of their flights, and under federal law passengers on those flights are entitled to full refunds, Senators Ed Markey, Elizabeth Warren and Richard Blumenthal said in a statement. “However, many airlines have been obfuscating this right by offering travel vouchers as the default option, requiring passengers to take burdensome steps to request refunds instead,” they said. The Democratic senators had asked Alaska Airlines ( ALK.N ), Allegiant Air, American Airlines ( AAL.O ), Delta Air Lines ( DAL.N ), Frontier Airlines, Hawaiian Airlines ( HA.O ), JetBlue Airways ( JBLU.O ), Southwest Airlines ( LUV.N ), Spirit Airlines ( SAVE.N ), Sun Country Airlines, and
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News
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- FAA launches investigation into US airlines over flight cuts ordered during the shutdown [Yahoo! Finance Canada]Yahoo! Finance Canada
- Delta resumes flights at Detroit after brief halt [Yahoo! Finance Canada]Yahoo! Finance Canada
- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
DAL
Earnings
- 10/9/25 - Beat
DAL
Sec Filings
- 12/3/25 - Form 8-K
- 11/14/25 - Form 13F-HR
- 10/23/25 - Form 4
- DAL's page on the SEC website