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15/02/2008
Flight Refunds For BA And Virgin Passengers
Thousands of travellers who flew on long-haul flights with British Airways or Virgin Atlantic between August 11, 2004 and March 23, 2006, could receive a refund.
The two airlines have reached agreement on a compensation deal, brought about via a class action suit, brought against the airlines in the US on behalf of passengers.
The deal will now have to be approved by US courts.
Last year, British Airways was fined £121.5 million by the Office of Fair Trading and $300 million by the US Department of Justice for colluding with Virgin Atlantic on fixing fuel surcharges added to the cost of their tickets.
Virgin Atlantic did not receive a fine because it informed authorities of the price-fixing policy.
The compensation deal will see British Airways reportedly pay out £71 million, while Virgin Atlantic is understood to be paying out £30 million.
The deal will entitle individuals or businesses who purchased tickets from either airline in the UK or the US during the specified time frame to claim refunds. It is thought that the refunds would be worth a third of the surcharge on each flight – between £1 and £11.50 per flight.
A spokesperson for Virgin Atlantic said that the company believed that the settlement "draws a line" under the incident, while British Airways' Chief Executive Willie Walsh described the settlement as "fair and reasonable".
(KMcA)
The two airlines have reached agreement on a compensation deal, brought about via a class action suit, brought against the airlines in the US on behalf of passengers.
The deal will now have to be approved by US courts.
Last year, British Airways was fined £121.5 million by the Office of Fair Trading and $300 million by the US Department of Justice for colluding with Virgin Atlantic on fixing fuel surcharges added to the cost of their tickets.
Virgin Atlantic did not receive a fine because it informed authorities of the price-fixing policy.
The compensation deal will see British Airways reportedly pay out £71 million, while Virgin Atlantic is understood to be paying out £30 million.
The deal will entitle individuals or businesses who purchased tickets from either airline in the UK or the US during the specified time frame to claim refunds. It is thought that the refunds would be worth a third of the surcharge on each flight – between £1 and £11.50 per flight.
A spokesperson for Virgin Atlantic said that the company believed that the settlement "draws a line" under the incident, while British Airways' Chief Executive Willie Walsh described the settlement as "fair and reasonable".
(KMcA)
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19 November 2012
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Virgin Win London To Scotland Flight Routes
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17 January 2008
Departure Delayed On Boeing's 'Most Environmentally Friendly Jet'
Passengers waiting to board Boeing's most advanced passenger aircraft to date will have to wait a bit longer. The company has been forced to delay deliveries of the new 787 Dreamliner plane due to production problems.
Departure Delayed On Boeing's 'Most Environmentally Friendly Jet'
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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.
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