Air Passenger Price-Fixing Settlements Worth $204 Million Approved By Court
On October 3, 2008, Judge Charles R. Breyer of the Northern District of California gave final approval to settlements entered into by Lead Counsel Cotchett, Pitre & McCarthy together with co-Lead Counsel Cohen, Milstein, Hausfeld & Toll, with Defendants Virgin Atlantic Airways, LTD and British Airways Plc worth approximately $204 million. The settlements resolve price-fixing claims of qualifying purchasers of long-haul air travel from Virgin Atlantic or British Airways, in both the United States and the United Kingdom under U.S. federal antitrust laws (1 U.S.C. § 1) and the antitrust laws of the United Kingdom and European Union. Members of the settlement classes who submit claims will be refunded 33.3% of fuel surcharges they paid on qualifying flights. In the September 26, 2008 hearing on final approval, Judge Breyer stated regarding the settlements: “It’s a very good result. It's a very good result for the class, so congratulations.” For more information regarding the settlements and to make a claim, please visit https://www.airpassengerrefund.com or https://www.airpassengerrefund.co.uk.