British Airways, Virgin Atlantic to pay compensation over price collusion
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British Airways and Virgin Atlantic are to pay a combined 200 million dollars (136.2 million euros) in compensation to millions of passengers for colluding over fuel surcharges on tickets, lawyers said on Friday.
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British Airways says it is rewarding ground staff with cheap flights after a chaotic week of cancelled flights.
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Troubled airline US Airways reaches agreement on a financial package with its biggest creditor but faces a possible strike by flight attendants.
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British Airways PLC and unions signed a pay deal for more than 10,000 ground staff early Saturday, averting a planned 24-hour strike next weekend which would have created travel chaos at British airports.
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Britain&#039;s Office of Fair Trading (OFT)  and the U.S. Department of Justice are investigating alleged  cartel activity involving British Airways Plc (BA)  and  other airlines, BA said on Thursday.
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Air Canada has been included in the  European Commission's investigation into price fixing on  freight services, the airline said on Monday, adding that it  might suffer a liability as a result.
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SUFFERERS of the split-capital trust scandal are likely to be waiting until after Christmas for a compensation deal - thanks to an on-going legal dispute between two of the parties.
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The European Commission is told to compensate a firm whose takeover it was found to have wrongly blocked.
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British and U.S. authorities are investigating alleged price-fixing in passenger fares and fuel surcharges by British Airways PLC and other airlines, the carrier said Thursday, and two senior executives have been placed on leave.
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British Airways PLC reached a pay accord early Saturday with two unions, averting a planned strike during the Aug. 27-30 holiday weekend by 11,000 baggage handlers and check-in workers.
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Continental Airlines and United Airlines yesterday joined a string of major carriers in charging service fees for airline tickets booked at reservations centers or airport ticket counters in the United States.
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British Airways announced plans to join the new boutique premium-class airline game across the Atlantic. But it isnât bringing a lot of money to the table.
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U.S. and UK authorities have launched an  investigation into alleged cartel activity over passenger  ticket pricing by British Airways and other airlines, BA said  on Thursday.
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British Airways will face tougher competition on some of its most profitable routes after the Civil Aviation Authority yesterday announced its decision on lucrative additional
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Air Canada said it had been included in the European Commissionâs investigation into price fixing on freight services. The airline added that it might suffer a liability as a result. Air Canada, Canadaâs biggest airline, said it was cooperating with investigators. It said it had received an official charge sheet, which sets out the commissionâs preliminary assessment in its investigation into suspected anticompetitive cargo pricing activities. The activities include the levying of certain fuel surcharges by a number of airlines and cargo operators in breach of antitrust laws. The European Commission last week charged several airlines, including British Airways , Lufthansa and SAS, with fixing freight service prices. Cathay Pacific and Singapore Airlines said they too had received a notice from the commission.
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The present policy of not allowing a foreign carrier to hold stake in domestic airlines has put a question mark on Virgin Atlantic chief Richard Branson&#39;s plans to acquire equity in private Indian airline companies.
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British Airways was fined 67,000 roubles (around 2700 dollars) by a Moscow city court on Tuesday in favour of former Russian ice hockey great Pavel Bure.