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22/06/2006
BA investigated over allegations of price fixing
British Airways is being investigated over allegations of price fixing over fuel surcharges on long-haul flights to and from the UK, it has been revealed.
BA announced that that a joint investigation between the Office of Fair Trading in the UK and the US Department of Justice was taking place and said that it was co-operating with the inquiry.
The airline also confirmed that its commercial director, Martin George, and head of communications, Iain Burns, had been given leave of absence during the investigation.
BA said that other airlines were also being investigated.
Virgin Atlantic and American Airlines have reportedly confirmed that they are assisting in the investigation, while a number of other airlines, including United Airlines, Continental Airways, bmi and Ryanair said that they were not being investigated.
BA's current fuel surcharge is £35 for each long-haul flight and £37 for a return ticket.
The OFT said that its investigation was at an early stage. In a statement, the OFT said: "No assumption should be made that there has been an infringement of competition law. The OFT will not be in a position to conclude whether the law has in fact been infringed until it has completed its investigation and assessed the available evidence."
(KMcA/SP)
BA announced that that a joint investigation between the Office of Fair Trading in the UK and the US Department of Justice was taking place and said that it was co-operating with the inquiry.
The airline also confirmed that its commercial director, Martin George, and head of communications, Iain Burns, had been given leave of absence during the investigation.
BA said that other airlines were also being investigated.
Virgin Atlantic and American Airlines have reportedly confirmed that they are assisting in the investigation, while a number of other airlines, including United Airlines, Continental Airways, bmi and Ryanair said that they were not being investigated.
BA's current fuel surcharge is £35 for each long-haul flight and £37 for a return ticket.
The OFT said that its investigation was at an early stage. In a statement, the OFT said: "No assumption should be made that there has been an infringement of competition law. The OFT will not be in a position to conclude whether the law has in fact been infringed until it has completed its investigation and assessed the available evidence."
(KMcA/SP)
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19 April 2012
British Airways Fine Cut By More Than Half
A fine imposed on British Airways for price-fixing has been cut by over half by the Office of Fair Trading (OFT). The original fine, imposed in 2007, was £121.5m, but the OFT has reduced that to £58.5m. The reduction is said to reflect recent legal developments over fines and BA's co-operation in the case.
British Airways Fine Cut By More Than Half
A fine imposed on British Airways for price-fixing has been cut by over half by the Office of Fair Trading (OFT). The original fine, imposed in 2007, was £121.5m, but the OFT has reduced that to £58.5m. The reduction is said to reflect recent legal developments over fines and BA's co-operation in the case.
07 November 2008
BA Announces Profits Slump During 'Bleakest' Six Months
British Airways have announced a 91.6% drop in its half year profits in a period which has been described as "one of the bleakest on record". Pre-tax profits of £52 million plummeted from £616 million last year in the six months to September 30. The Heathrow-based airline carrier revealed the massive drops were a result of the surge in oil prices.
BA Announces Profits Slump During 'Bleakest' Six Months
British Airways have announced a 91.6% drop in its half year profits in a period which has been described as "one of the bleakest on record". Pre-tax profits of £52 million plummeted from £616 million last year in the six months to September 30. The Heathrow-based airline carrier revealed the massive drops were a result of the surge in oil prices.
01 April 2008
Baggage Blues For BA Passengers
The beleaguered airline, BA has issued a fresh apology to thousands of travellers who are without their luggage. Chaos ensued after the opening of Terminal 5, with problems ranging from staff parking to computer hitches.
Baggage Blues For BA Passengers
The beleaguered airline, BA has issued a fresh apology to thousands of travellers who are without their luggage. Chaos ensued after the opening of Terminal 5, with problems ranging from staff parking to computer hitches.
08 September 2005
BA increases fuel surcharges
British Airways has announced that it is to increase its fuel surcharges on longhaul flights. The rise – the fifth since May 2004 – will increase the cost of the fuel charge on a longhaul one-way flight to £30 and £60 for a return trip, from September 12. The additional charges do not apply to tickets already paid for and issued.
BA increases fuel surcharges
British Airways has announced that it is to increase its fuel surcharges on longhaul flights. The rise – the fifth since May 2004 – will increase the cost of the fuel charge on a longhaul one-way flight to £30 and £60 for a return trip, from September 12. The additional charges do not apply to tickets already paid for and issued.
13 February 2004
British Airways flights cancelled over security concerns
Cancellations of more flights over "security concerns" have prompted pilots and airline chiefs to question the quality of security intelligence. British Airways says it will axe flight BA 223, the now notoriously disrupted Washington to London service.
British Airways flights cancelled over security concerns
Cancellations of more flights over "security concerns" have prompted pilots and airline chiefs to question the quality of security intelligence. British Airways says it will axe flight BA 223, the now notoriously disrupted Washington to London service.
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