The Sir Freddie Laker Historical Society
1985 newspaper clipping about Laker Airways cash settlement from The Press & Journal Aberdeen dated July 13, 1985

1985 newspaper clipping about Laker Airways cash settlement from The Press & Journal Aberdeen dated July 13, 1985

This newspaper clipping from The Press & Journal Aberdeen, dated July 13, 1985, reports on a major settlement involving Sir Freddie Laker and Laker Airways. The article details how British Airways and 11 other airlines agreed to pay an estimated £35 million to Laker Airways' creditors to avoid legal action in the US, with Sir Freddie Laker offered almost £6 million on condition he drops claims against 12 firms.

Sir Freddie Laker Laker Airways British Airways 1985 1980s newspaper clipping The Press & Journal Aberdeen legal settlement aviation industry bankruptcy

Details

File
04084_c_17ahupcgsz4939.jpg
Archive
Sir Freddie Laker Historical Society

More from Press Clippings 1985

London Standard newspaper clipping from June 17, 1985 with headline 'Spicer Defends His Laker Claim' and photo of Paul Spicer
1985 Morning Telegraph newspaper clipping about Lonrho bid controversy affecting British Airways privatization
1985 press clipping bureau form from Romeike & Curtice showing Sir Freddie Laker coverage tracking sheet
Press Clippings 1985
The Guardian newspaper clipping from June 5, 1985 with headline 'Laker judge attacks preposterous claim'
1985 newspaper clipping about B.A. sell-off threat to Laker Airways privatisation from Daily Record Glasgow
Newspaper clipping from The Mirror Manchester Edition June 12 1985 showing Sir Freddie Laker with headline about Lonrho case
Guardian newspaper clipping from June 17, 1985 about Lonrho taking legal action against British Airways takeover attempt
1985 newspaper clipping about Laker Airways cash settlement from The…