Menu
09/10/2006
BA officials quit over fuel price investigation
Two British Airways officials have resigned in the middle of an investigation into the alleged price-fixing of fuel surcharges.
Commercial Director Martin George and head of communication Iain Burns have both been on leave of absence since the investigation - by the Office of Fair Trading and the US Justice Department - was launched.
According to reports, Mr George wrote to BA chairman and said that there may have been "inappropriate conversations" in his office regarding long-haul fuel surcharges. The letter also said: "Although the board have not found that I have behaved in a dishonest way, I fully recognise my responsibilities as head of department and as a board director."
Reports have indicated the OFT was informed of the affair by an executive from Virgin Airlines who was allegedly informed of BA's plans to increase the fuel surcharge by a BA counterpart.
(KMcA/SP)
Commercial Director Martin George and head of communication Iain Burns have both been on leave of absence since the investigation - by the Office of Fair Trading and the US Justice Department - was launched.
According to reports, Mr George wrote to BA chairman and said that there may have been "inappropriate conversations" in his office regarding long-haul fuel surcharges. The letter also said: "Although the board have not found that I have behaved in a dishonest way, I fully recognise my responsibilities as head of department and as a board director."
Reports have indicated the OFT was informed of the affair by an executive from Virgin Airlines who was allegedly informed of BA's plans to increase the fuel surcharge by a BA counterpart.
(KMcA/SP)
Related UK National News Stories
Click here for the latest headlines.
24 June 2005
British Airways announces ticket price rises
British Airways (BA) has announced an increase in fuel surcharge on ticket prices, due to increasing oil price rises. The longhaul fuel surcharge will increase to £48 per return trip, while the surcharge for shorthaul flights will rise to £16 for a return trip, for all tickets purchased from June 27.
British Airways announces ticket price rises
British Airways (BA) has announced an increase in fuel surcharge on ticket prices, due to increasing oil price rises. The longhaul fuel surcharge will increase to £48 per return trip, while the surcharge for shorthaul flights will rise to £16 for a return trip, for all tickets purchased from June 27.
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.
07 August 2008
BA Bosses Charged With Price Fixing
Four men have been charged with cartel offences in connection with a criminal investigation into price-fixing. The Office of Fair Trading (OFT), which has brought the charges, say that the men are charged with price-fixing of fuel surcharges for long haul flights.
BA Bosses Charged With Price Fixing
Four men have been charged with cartel offences in connection with a criminal investigation into price-fixing. The Office of Fair Trading (OFT), which has brought the charges, say that the men are charged with price-fixing of fuel surcharges for long haul flights.
24 August 2007
BA Fined In US For Price Fixing
British Airways has been fined £150 million for its part in price fixing fare surcharges. US investigators found BA had held talks with Virgin Atlantic over surcharges for transatlantic flights to cover rising fuel costs.
BA Fined In US For Price Fixing
British Airways has been fined £150 million for its part in price fixing fare surcharges. US investigators found BA had held talks with Virgin Atlantic over surcharges for transatlantic flights to cover rising fuel costs.
01 August 2007
BA Price-Fixing Fine Rises To £270m
The amount that British Airways has been fined for price-fixing on fuel surcharges for long-haul flights has risen to almost £270 million. The US Department of Justice fined the airline almost $300 million (£148 million) which will be added to the £121.5 million fine handed to the company by the UK's Office of Fair Trading.
BA Price-Fixing Fine Rises To £270m
The amount that British Airways has been fined for price-fixing on fuel surcharges for long-haul flights has risen to almost £270 million. The US Department of Justice fined the airline almost $300 million (£148 million) which will be added to the £121.5 million fine handed to the company by the UK's Office of Fair Trading.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
