Why Airlines Don't Want to Refund Your Flight Tickets
Passenger aircraft, operated by Deutsche Lufthansa AG, sit grounded on the closed north west runway at Frankfurt Airport, operated by Fraport AG, at dawn in Frankfurt, Germany. Photographer: Alex Kraus/Bloomberg

Why Airlines Don't Want to Refund Your Flight Tickets

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(Bloomberg Opinion) -- In documents published alongside Carnival Corp.’s $6.25 billion debt and equity offering last week, the beleaguered cruise ship operator showed why it might not keep much of ...
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