06-24-2006, 12:34 PM
looks like this might blow up into a biggy
I remember when the large airlines got together to distroy freddy laker and any other small independent airline that dared get in there way .
Saturday June 24, 0209 PM
LONDON (Reuters) - A tip off by Virgin Atlantic Airways triggered an investigation into alleged airfare price-fixing by British Airways after it passed on information to Britain's Office of Fair Trading (OFT) about its arch rival, an industry source said on Saturday.
Richard Branson's Virgin approached the OFT about alleged conversations between a BA executive and one of its staff last year to
sound out plans to increase fuel surcharges on long-haul flights, the source told Reuters, confirming newspaper reports.
UK and U.S. authorities this week launched a civil and criminal probe into an alleged cartel over airfares and fuel surcharges after raiding BA's offices. BA put two senior executives on leave.
http//uk.news.yahoo.com/24062006/325/virgin-tip-sparked-ba-cartel-inquiry-source.html
I remember when the large airlines got together to distroy freddy laker and any other small independent airline that dared get in there way .
Saturday June 24, 0209 PM
LONDON (Reuters) - A tip off by Virgin Atlantic Airways triggered an investigation into alleged airfare price-fixing by British Airways after it passed on information to Britain's Office of Fair Trading (OFT) about its arch rival, an industry source said on Saturday.
Richard Branson's Virgin approached the OFT about alleged conversations between a BA executive and one of its staff last year to
sound out plans to increase fuel surcharges on long-haul flights, the source told Reuters, confirming newspaper reports.
UK and U.S. authorities this week launched a civil and criminal probe into an alleged cartel over airfares and fuel surcharges after raiding BA's offices. BA put two senior executives on leave.
http//uk.news.yahoo.com/24062006/325/virgin-tip-sparked-ba-cartel-inquiry-source.html