Virgin, BA to refund passengers

Both Virgin Atlantic and British Airways had their day in court for price-fixing between August 11th 2004 and March 23rd, 2006. Virgin Atlantic admitted to wrongdoing, but managed to steer clear of any fines. British Airways was not so lucky, but both airlines will have to refund anywhere from £1 to £11.50 per flight during this period.

The class-action lawsuit will now pass through courts in the United States, and the law firm in charge of the suit, Cohen, Milstein, Hausfield and Toll had this to say about the case,

“Cohen, Milstein, Hausfeld & Toll has negotiated a ground breaking legal settlement that, for the first time ever, resolves a class action lawsuit on a collective basis under both U.S. and U.K. law. The agreement, which affects over 8 million people in the US and UK, provides $59 million for American ticket purchasers and £73.5 million for UK purchasers who bought tickets from either British Airways (BA) or Virgin Atlantic (Virgin) between August 11, 2004-March 23, 2006, with no deductions for attorneys’ fees or other costs. This settlement marks the first collective settlement of its kind for British consumers.”

www.virgin-atlantic.com