OFT halves BA fuel surcharge fine

A record fine imposed on British Airways for colluding with rival Virgin Atlantic on fuel surcharges has been cut by more than half to £58.5 million.

The Office of Fair Trading (OFT) said the new penalty placed greater value on the level of BA's co-operation in the investigation into pricing on long-haul flights between August 2004 and January 2006.

In August 2007, the regulator fined BA £121.5 million after Virgin effectively blew the whistle on what had been going on between the two airlines. Under the OFT's leniency policy, Virgin was not fined.


 All Aviation NEWS
By

Maani Sharma [ MBA Aviation ]
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