Virgin chief: I knew about BA 'price fixing'

11 April 2012

The British Airways-Virgin Atlantic alleged price-fixing scandal went right to the top of Virgin as well, it has emerged.

Steve Ridgway, the chief executive of Virgin Atlantic and a long-time lieutenant of billionaire Virgin founder Sir Richard Branson, has admitted he knew about discussions with BA allegedly concerning fuel surcharges but did nothing about it.

"I apologise unreservedly for my involvement in this case," he said.

"Although I did not have any direct contact with BA in relation to passenger fuel surcharges, I regret that, on becoming aware of the discussions, I did not take steps to stop them."

Ridgway is to avoid charges in the case brought by the Office of Fair Trading as Virgin turned Queen's evidence in the case, eventually blowing the whistle on British Airways.

The affair has already cost BA fines totalling £270 million from British and American regulators.

Ridgway's statement comes as the BA four were sent for trial next January.

They are Walsh's former number two, ex-commercial director Martin George, head of sales and marketing Andrew Crawley, ex-UK sales head Alan Burnett and former communications chief Iain Burns.

They are alleged to have "dishonestly agreed" with Virgin officials to "implement arrangements" which fixed the price of flights between 2004 and 2006.

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy notice .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in