American Airlines settles airfare collusion lawsuit for USD45 million - TravelMole


American Airlines settles airfare collusion lawsuit for USD45 million

Tuesday, 18 Jun, 2018 0

American Airlines is the latest carrier to bow out and settle a multi-million dollar lawsuit accusing US airlines of colluding to drive up airfares.

 American has agreed to settle and will pay $45 million although it admits no guilt in the case.

It simply wants to avoid any additional costs of litigation in the long-running case.

It dates back to 2015 when several consumer group lawsuits were filed alleging American, Delta Air Lines, United and Southwest colluded to limit growth, citing numerous comments alluding to ‘capacity discipline’ by various executives.

Southwest Airlines agreed to pay $15 million to settle several months ago.

The U.S. Department of Justice opened its own investigation into the claims.

That leaves United and Delta as the remaining defendants.

"While it is difficult to agree to a settlement when we believe we’re right on the law and the facts, settling this case is a prudent decision for American," AA spokesman Matt Miller said.

American says it had been negotiating the settlement with plaintiffs for several months and still requires approval from the court.

It also agreed to provide any additional information required by plaintiffs’ legal teams.

 



Related News Stories:  



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida

Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference

Insights from James Ferrara on Inteletravel’s Growth and Future

Tricia Handley-Hughes on Inteletravel’s Growth and Challenges

Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail

Sophia Hyder Hock on Global Social Inclusion in Tourism
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari

true