American Airlines to pay $45M to settle airfare collusion lawsuit

U.S. & World
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FILE – This July 17, 2015, file photo shows the tails of four American Airlines passenger planes parked at Miami International Airport, in Miami. On Tuesday, March 14, 2017, American said it will offer free meals to everyone in economy on certain cross-country flights starting May 1, 2017. The decision at the world’s biggest airline […]

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American Airlines has agreed to pay $45 million to settle a lawsuit that says it and other major U.S. airlines colluded to drive up the price of airfares.

In settling the case, American denied any wrongdoing. The company, in a statement, said fighting the case in court would be costly.

Earlier this year, Southwest Airlines also reached a settlement in the case, agreeing to pay $15 million. Southwest also denied any wrongdoing.

The lawsuit alleges that major U.S. airlines colluded to limit capacity in order to increase ticket prices.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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