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Violation Tracker Individual Record

Company: Virgin Atlantic Airways Ltd
Current Parent CompanyVirgin Group
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Penalty: $68,000,000
Year: 2008
Date: October 3, 2008
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Virgin Atlantic agreed to pay over $12 million to U.S. plaintiffs to settle litigation alleging a conspiracy by airlines to fix the cost of fuel levies on international flights. It also agreed to pay €š¬Ã…¡£28 million (equal to about $56 million) to UK plaintiffs.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:06-md-01793
Case Name: In re International Air Transportation Surcharge Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.