Sunday, November 20, 2011

Nigeria fines British Airways, Virgin Atlantic (AP)

LAGOS, Nigeria ? An official tells The Associated Press that the Nigerian government has fined air carriers British Airways $135 million and Virgin Atlantic $100 million over what it says are unfair trade practices.

The official, who spoke to the AP Thursday on condition of anonymity, said the fines came after a six-month investigation into ticket prices from Lagos' Murtala Muhammed International Airport to London's Heathrow Airport. The official said the carriers levied unreasonable fuel surplus prices on consumers.

The official spoke on condition of anonymity citing the sensitivity of the fines.

Officials with the two airlines declined to immediately comment.

The fines come as Nigeria is engaging in talks with the United Kingdom over a Nigerian carrier losing spots at Heathrow.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ap/20111117/ap_on_bi_ge/af_nigeria_aviation

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