Flyers Ink $58M Deal With Last Airline In Price-Fixing Suit

By Matthew Perlman (February 14, 2019, 9:33 PM EST) -- A California federal court on Wednesday paused a case alleging several airlines conspired to fix the prices of trans-Pacific flights after passengers said they have reached a settlement with the last carrier involved, All Nippon Airways Co., that will resolve their claims for $58 million.

ANA and the class of flyers filed a stipulation that the court granted on Wednesday saying that the sides have come to a settlement agreement, and asked for a stay of the trial scheduled to commence March 4. ANA disclosed in a securities filing late last month that the settlement is for $58 million. The sides...

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