Ryanair Sues ExxonMobile Over Fuel Costs | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Fri, Mar 02, 2012

Ryanair Sues ExxonMobile Over Fuel Costs

Says Big Oil Companies Have Conspired To Inflate Prices.

You may have wished at some point you could do this, but one budget airline has actually done it - filed a lawsuit against a big oil company for allegedly charging too much for fuel. The Irish low-cost carrier Ryanair claims ExxonMobile has suppressed competition to allow it to inflate prices over a seven-year period. The suit seeks an award of $14.3 million, plus an unspecified additional amount to cover lost profits.

The Guardian reports the premise of the suit is the finding by Italian regulators that Exxon and other aviation fuel suppliers in violated European competition rules. Ryanair further accuses the oil companies of setting up "a unique and complex agreement, the purpose and effect of which was to share the market for the supply of jet fuel and to prevent the entry of new operators."

Exxon confirmed the suit was filed, but declined further comment.

FMI: www.cheapoair.com

Advertisement

More News

ANN's Daily Aero-Term (05.01.24): Say Altitude

Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]

ANN's Daily Aero-Linx (05.01.24)

Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]

Classic Aero-TV: Korean War Hero Twice Reborn

From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC