1985 newspaper clipping reporting £35 million payout to Laker Airways creditors after airline's 1982 collapse
This 1985 newspaper article by Barbara Conway reports on a £35 million settlement agreement between British Airways and 11 other airlines to compensate Laker Airways creditors, including 14,000 passengers left with worthless tickets after the airline's 1982 collapse. The settlement was designed to avoid legal action in the United States related to Sir Freddie Laker's conspiracy claims against the companies he alleged drove his airline out of business.
Sir Freddie Laker Laker Airways British Airways 1985 1980s airline collapse creditors settlement conspiracy press clipping aviation history Barbara Conway
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