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#1 |
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U.S., U.K. regulators impose nearly $550 million in penalties for collusion
![]() British Airways was fined almost $550 million on Wednesday by U.S. and British regulators after the airline acknowledged colluding with rival Virgin Atlantic over fuel surcharges. The carrier was fined 121.5 million pounds ($246 million) by Britain’s Office of Fair Trading and $300 million by the U.S. Department of Justice after parallel trans-Atlantic investigations. In May, British Airways PLC set aside 350 million pounds ($710 million) in preparation for such penalties from regulators. LOL To pay this they need to fix price again. [rofl] |
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#3 |
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#4 |
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I think its bad that Virgin got off scott free. KAL was burned too and Lufthansa as a tipper got away with it. [rofl] |
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#5 |
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#6 |
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I fly BA several times a year, and its good they getting thier ass kicked about something for once, they are damn greedy. From my home to the UK, tickets cost me $1500-1800USD on average, but I wont be going that route anymore.
There are new kids on the block, an airline called Zoom who can fly me for about $650 ![]() Nice to know I can save some money with the amount of trips I make yearly to see my kid in Cornwall. |
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#7 |
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I believe Korean airlines were also implicated.
British Airways need to sort their ship out. They are living on some bygone dream that they offer the greatest service know to man, when in fact their planes are dated, the service is rude and the air stewardesses can barely squeeze down the aisle. Sign of how good an airline is; the attractiveness of stewardesses (and stewards perhaps) Have a look next time you are flying. |
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#8 |
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I fly BA several times a year, and its good they getting thier ass kicked about something for once, they are damn greedy. From my home to the UK, tickets cost me $1500-1800USD on average, but I wont be going that route anymore. Ever seen episodes on TV about them? [rofl] It's just not my style, if i can afford to travel I rather pay more. For a price difference of 900 till 1200 USD you can only expect worse service, more delays and all sorta crap. Maybe BA overprices too much, but certainly not that much. |
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#9 |
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I think its bad that Virgin got off scott free. Besides, Virgin owe BA a kick in the nads... right? |
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#10 |
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I fly BA several times a year, and its good they getting thier ass kicked about something for once, they are damn greedy. From my home to the UK, tickets cost me $1500-1800USD on average, but I wont be going that route anymore. |
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#11 |
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You actually live on Bermuda? Wow, how is living in paradise? Actually I was looking for a job on the island and there might be a slim chance I could get to work for a company doing a project there in the future. It would be only temporal, but its a start. You would like staying here, its easy to get around, kinda boring nightlife but like the saying goes, a nice place to visit but you would not want to live there. Btw BA dont exactly have the best service either, mind you I have never flown first class, (yeah right, I got 4000 bucks for a ticket) they are real hard asses when it comes to making amends for screwing your connections. Last year when I flew to London, they were over 1 hour late and as a result I missed my connection by 15 minutes going to Newquay, the airline is staffed by BA people at the kiosk, and after arguing with the manager I was basically told I am screwed. I lost an additional 400 bucks AND had to arrange other transportation, that meant anout 60 quid or so to get to Hethrow then to Redruth via a BUS which was HELL, I mean 9 hours of being crammed up is no fun, really ![]() Last time down I got a train from Paddington, it was only 30 quid, took 5 hours and was a much better value |
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#12 |
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Ever seen episodes on TV about them? [rofl] ![]() It's called Airline here. They film the Easy Jet crew and there are so many upset people it's unreal. I have no idea why Easy Jet would want a film crew filming just how shockingly bad the airline is! No one I know can understand why, and all agree that if they ever go to Europe to never fly with them. [rofl] |
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#13 |
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Not quite. As soon as the exchanges happened, Virgin alerted their legal teams to check the legality of what was going on. When they reported back it was illegal, the alerted the watchdog. |
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#15 |
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Yes sir, I have lived here all my life. Its not exactly paradise, we got idiot government who is running the country into the ground, and the economy is way up there! If you have kids here there is like zero chance of them owning a home of thier own since you cant buy a house for under 1 mil USD anymore, not even in the crap parts of the island. But actually I thought you had a great nightlife... like a mix of carribean and european style or something. ![]() |
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