Courthouse News reports:
American Airlines agreed to pay $45 million to settle an antitrust class action accusing it of colluding with other domestic airlines to limit capacity and drive up fares, and will cooperate with the federal government as it pursues Delta and United.
The Fort Worth-based airline settled under terms of a 20-page memorandum filed late Friday in District of Columbia Federal Court. American is the second airline to settle the case. Dallas-based Southwest Airlines agreed to pay $15 million in January, citing the high cost of litigation and denying wrongdoing.