Lithium ion batteries are always a risk for catching on fire
As a general rule, fire hazards are not permitted in the cargo compartment of passenger airlines
A fire in the cabin can be spotted and dealt with quickly. A fire in the cargo compartment runs the risk of not being caught until too late
The risk of fire is low but just putting batteries in carryon is a pretty minor step to ensure that the rare event is minor instead of serious when it does happen
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