THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Wednesday, October 12, 1994 TAG: 9410120516
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 22 lines
State and local governments will get $40 million in air fare discounts as part of a settlement involving price-fixing allegations against eight major airlines, Attorney General James S. Gilmore III announced Tuesday. The agreement settles allegations that the airlines used their central computer reservation systems to signal each other about raising and lowering fares. The airlines - Alaska, American, Continental, Delta, Northwest, TWA, United and USAir - denied wrongdoing as part of the settlement. The agreement gives persons on official government business a 10 percent discount, which will be good for 18 months or until the $40 million limit is reached. by CNB