Details have been announced of British Airways’ (BA) and Virgin Atlantic’s (Virgin) settlement of a multimillion US dollar class action brought in the US courts. The airlines have agreed to pay compensation to passengers who purchased long haul flight tickets in the US and UK between 11 August 2004 and 23 March 2006. The class action arose following decisions of the UK Office of Fair Trading and the US Department of Justice that the airlines had engaged in a cartel to set the fuel charge supplement on airline tickets artificially high. BA has agreed to pay UK customers a total of £45,539,989 and US customers $46,371,405. Virgin has agreed to pay £27,991,087 and $12,635,868 respectively. The refund will be up to £10 for each individual journey. The settlement has yet to be approved by the US Court.
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Collective settlement for fuel surcharge price-fixing reached
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