BA and Virgin to pay out refunds (Price fixing on fuel surcharges)

worldtraveller

jetskidia wrote: »

I got £11:42

How on earth are they arriving at these figures?

It would have been helpful if they had put some more detail on the cheque attachment slip, rather than just the claim number.

However, it's my understanding that the payment was set at 33.1/3% of the fuel surcharge on each qualifying coupon, adjusted to include interest calculated in accordance with the formula: Indiviudual UK refund payment X (90/365) X LIBOR Rate on the date of the preliminary approval of the Settlement Agreement by the court.

[Deleted User]

My DD got £45.97 from Virgin today and she is a very happy lady as it was 2005 when she was in Boston that she claimed for

jetskidia

JackieO wrote: »

My DD got £45.97 from Virgin today and she is a very happy lady as it was 2005 when she was in Boston that she claimed for

Was that for one flight?

KarenG

Really strange figures...!

We got one cheque for £6.72 for 4 x return BA flights, and a further cheque for £106 for what might have been 4 return VA flights (or possibly 10 return VA flights, unsure whether the set of 6 counted or not...!)


However, very nice to receive, especially on a Monday morning

Surfbabe

I got a cheque for £36.21 - can;t even remeber what flights as all I did was quote our Virgin Flying Club numbers

rpstdavids

Got mine today as well. £52.67 in total, for 4 return trips to the USA. It all helps towards the next trip:beer:.

The letter only mentioned Virgin Atlantic, so hopefully another one to come for the couple of BA flights I did during that period.

_Andy_

£68 for VS flights today. Nice.

ferf1223

worldtraveller wrote: »

It would have been helpful if they had put some more detail on the cheque attachment slip, rather than just the claim number.

However, it's my understanding that the payment was set at 33.1/3% of the fuel surcharge on each qualifying coupon, adjusted to include interest calculated in accordance with the formula: Indiviudual UK refund payment X (90/365) X LIBOR Rate on the date of the preliminary approval of the Settlement Agreement by the court.

And if the fuel surcharge varied dramatically between the start and end of the class period then different people who took the exact same flights (departure/destination) on different dates may have been charged differently...so would be entitled to different amounts at the 33.3% rate...so it's going to be really hard to compare anything with anything else.

yorkie69

just received £80.48 for 4 return flights to orlando jan 06. good result for me as wasn't expecting that much.

Backbiter

The variations are really weird. I'm waiting for a refund on 20 flights to San Francisco. I have all the documentation, which shows the Tour Operator charged £28pp for the fuel surcharge, so if the refund is 33% + interest I should get around £12 per flight. Not too bad, but I was hoping for the full amount!