Archive for August 18th, 2008

Fly the price-fixing skies!

 Score one for the consumers as they obtain relief  from colluding airlines. In what, up to a few weeks ago, seemed like a never ending procession of ‘fuel surcharge hikes’ by airlines, a bit of good news has trickled out. Passengers who purchased long haul air transportation from British Airways or Virgin Atlantic Airways between August 11, 2004 and March 23, 2006 are entitled to a partial refund of the ‘fuel surcharge’ each airline collected as a proposed settlement in a class action suit has been reached.

This proposed settlement, reach in the US District Court for the District of Northern California, comes on the tails of the cargo cartel price fixing investigations where several carriers (including British Airways, QANTAS, and Korean Air) have also admitted guilt to the Department of Justice in the US.


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