11.3 C
New York
Monday, January 30, 2023

Ryanair, Wizz Air and easyJet face Italy inquiry over Sicily flight prices

3/3
Ryanair, Wizz Air and easyJet face Italy inquiry over Sicily flight prices
© Reuters. FILE PHOTO: Ryanair airplanes are seen parked on the tarmac of the Rome-Ciampino International Airpot, as the Italian government continues restrictive movement measures to combat the coronavirus outbreak, in Rome, Italy March 14, 2020. REUTERS/Alberto Lin

2/3

 

EZJ
-0.73%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:

Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:

 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

ROME (Reuters) -Italy’s antitrust regulator said on Tuesday it opened an inquiry into possible price-fixing for flights in and out of Sicily by airlines including Ryanair, Wizz Air and easyJet (LON:EZJ).

The probe follows a complaint by consumer group Codacons, which alleged “a specific collusive will” of airlines to raise prices for domestic flights to and from Sicily during the Christmas holidays, the regulator said in its weekly bulletin.

The complaint also targeted state-owned ITA Airways, the successor of former flagship carrier Alitalia, it added.

In a statement to Reuters, easyJet denied any wrongdoing.

“easyJet strongly refutes these claims, adheres to relevant laws and regulations and will fully cooperate with the authorities to demonstrate it has always acted lawfully and competitively in the best interests of consumers,” it said.

The other involved airlines did not respond to requests for comment.

The cost of flights is particularly sensitive in Sicily, whose many natives who live and work in northern or central Italy typically wish to travel back to the island to spend Christmas with family and friends.

The antitrust authority said its inquiry would come to an end by Dec. 31, 2023.

Source: Investing.com

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,268FansLike
12,893FollowersFollow
742FollowersFollow
- Advertisement -

Latest Articles

Popular Articles