Connect with us

Hi, what are you looking for?

News

New Joe Biden Rule Would Make Airlines Disclose Hidden Fees

Image Source: lev radin / Shutterstock

During a meeting of the White House Competition Council, President Joe Biden introduced new regulations for the US air travel industry. The proposed rules aim to ensure transparency from airlines regarding hidden fees, such as charges for cancellations or baggage.

As per an initial draft, the rule requires airlines to disclose upfront, at the first display of airfare, any fees associated with services like seating arrangements for children, flight changes, cancellations, and baggage allowances.

Biden emphasized that promoting competition among airlines is essential for the industry’s vitality. He stated, “Capitalism without competition isn’t capitalism; it’s exploitation.” Transportation Secretary Pete Buttigieg endorsed this view, affirming that airline passengers have the right to know the complete cost of services they are purchasing. He added that the proposed rule would empower travelers to make informed choices and potentially save money.

In support of the initiative, trade group Airlines For America assured through a statement to CNN that its member airlines already prioritize transparency for consumers. They claimed to provide detailed breakdowns of airfares on their websites, offering clarity on costs such as taxes and government fees, which can make up a significant portion of ticket prices.

Image Source: lev radin / Shutterstock

You May Also Like

News

Peloton, known for their stationary exercise bikes and treadmills, has faced significant financial challenges over the past year. The company experienced a surge in...

News

Amid the ongoing global supply chain challenges, many retailers in the United States are grappling with surplus seasonal stock, leading to increased storage costs...

News

With the continuous increase in gas prices, a decrease in consumer confidence, and the ongoing conflict in Ukraine, the European economy faces significant challenges....

News

As the demand for electric vehicles grows and the push for environmental sustainability increases, automakers are gearing up to focus more on the development...

News

Today, Brian Armstrong, the CEO of Coinbase, conveyed to his team through a company-wide email that due to declining stock and crypto values and...

News

Recently, Peiter “Mudge” Zatko, a former cybersecurity specialist at Twitter, published a whistleblowing document on the platform. Zatko highlighted several security issues with Twitter,...

News

Zelle is a popular peer-to-peer payment service that allows individuals to send and receive money, similar to apps like Venmo. It is widely used,...

News

Recently, after Chinese President Xi Jinping secured a third term, there was a sharp decline in the stock market in Hong Kong. Investors became...