No doubt BA will be bleating to Barron about costs, after its £401 Million loss this year. Still I suppose their share of the £43.5 million gifted to them by NATS will ease the pressure on their
£338 million fine for crooked fuel surcharge dealings
. Nice part owners we have eh?
The Times added that the settlement brings BA's total payout for conspiring to fix fuel surcharges to 338 million pounds -- 12 million short of the total set aside for such penalties.
BA CEO Walsh said last August that its provision of 350 million pounds was sufficient to cover all fines related to its fuel surcharge price fixing
So I guess if they had not been bent then their loss would have been only £63 million
