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Company Watch - British Airways.


Aug 13, 2007

British Airways executives are expected to be named in a price fixing price fixing n. a criminal violation of federal anti-trust statutes, in which several competing businesses reach a secret agreement (conspiracy) to set prices for their products to prevent real competition and keep the public from benefiting from price competition.  probe this month as the US Department of Justice reveals those not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered.  by a plea deal which it announced with the airline last week, a UK newspaper reported. Two British Airways executives were identified when they resigned last October -- former commercial director Martin George and former public relations boss Iain Burns -- although no wrongdoing wrong·do·er  
n.
One who does wrong, especially morally or ethically.



wrongdo
 by either has been announced. Aug 6, 2007

The US Dept of Justice last week announced a USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$300 million fine for British Airways stemming from price fixing on fuel surcharges on passenger flights and on cargo fuel charges. That combined with a GBP GBP

In currencies, this is the abbreviation for the British Pound.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
121.5 million pound fine announced by the UK's Office of Fair Trading The Office of Fair Trading or OFT is a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforces both consumer protection and competition law, acting as the UK's economic regulator. , also last week, means BA must pay almost GBP270 million in fines, leaving about GBP80 million of a provision it took in May. British Airways' GBP350 million provision could prove insufficient as the European Commission is set to fine BA "in excess of GBP60 million" and the company could face an even larger class action suit, the Telegraph said, without citing its sources. Aug 6, 2007

British Airways Executive Club members can earn Triple BA miles for weekend stays at Hyatt Hotels & Resorts in Europe, Africa and the Middle East now through August 31, 2007. Members must present their BA Executive Club number and quote promotional code BA352 at check-in. Whats more, spend the weekend at U.K. Hyatt Hotels in London This article describes the hotels in London, England. Hotels are an important part of London's tourism industry. History
Before the 19th century there were few if any large hotels in London.
 and Birmingham and also receive a complimentary bottle of wine. For more information or to book your stay, click Aug 10, 2007

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Publication:Airguide Online
Date:Aug 13, 2007
Words:358
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