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Nigeria Fines British Airways, Virgin Atlantic $235 Million

News in Nigerian Newspapers Today

Nigeria Fines British Airways, Virgin Atlantic $235 Million

Nov 18, 2011 – Nigeria Fines British Airways, Virgin Atlantic $235 Million

The Nigeria’s Civil Aviation Authority (NCAA) said on Thursday it was fining airlines British Airways $135 million and Virgin Atlantic $100 million for price fixing and abusing a dominant position.

Nigeria and Britain struck a last-minute deal on Tuesday to ensure British Airways flights continue to run daily between London and Lagos until the end of the year, after a dispute over landing slots and ticket pricing nearly brought a stop to all flights between the 2 countries.

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