INSURANCE DAY

BY ALAN OSBORNCOMPENSATION payable to air passengers denied seats on aircraft as a result of over-booking or where flights have been cancelled or delayed will be sharply raised from present levels following legislation given conditional approval today (Thursday) by the European Parliament. However MEP's, in their first reading of the measure, has sharply scaled back the levels of payment proposed by the European Commission and has evenreduced the somewhat lower levels provisionally agreed by government ministers in the EU Council of Ministers earlier this ...


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