Virgin execs blow whistle on ‘secret price-fixing deal’ with BA

Virgin execs blow whistle on ‘secret price-fixing deal’ with BA

Southwark Crown Court heard today how four British Airways executives made a secret deal with Virgin Atlantic to secure the price of fuel supplements.
According to the Times, BA’s Sales and Marketing Director Andrew Crawley, former Head of Communications Iain Burns, Head of UK and Ireland Sales Alan Burnett and former Commercial Director Martin George met with Virgin executives to make agreements that would lead to price fixing. The four executives deny creating a cartel, which generates millions of pounds for those involved.
Richard Lantham QC, who is prosecuting for the Office of Fair Trading said Virgin executives Paul Moore, William Boulter and Steven Ridgeway admitted their participation in the deal in exchange for immunity from prosecution.
“If Virgin executives had not admitted their participation in price-fixing with British Airways the illicit activities would almost certainly have remained hidden to this very day,” Lantham added.  He highlighted the secretive nature of the meetings as the “crucial element”.

Gary Marshall
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Gary Marshall
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