US lawyers have negotiated a $200 million settlement against British Airways and Virgin Atlantic Airways after passengers filed a class action suit in the wake of the carriers’ participation in anti-competitive behaviour over fuel surcharges.

Law firm Cohen, Milstein, Hausfeld Toll says the settlement will provide £73.5 million ($144 million) for UK purchasers and a further $59 million for US purchasers who bought tickets from the airlines between August 2004 and March 2006.

Between those dates the two carriers exchanged information several times over plans to increase their fuel surcharge. Virgin Atlantic eventually notified authorities of the illegal activity – and in doing so escaped a penalty – while British Airways was subs

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