There is a potential windfall of Avios that you may be able to take advantage of, following the proposed settlement of a class action lawsuit against British Airways over Avios redemptions.
Need To Know:
Currently, you can only take advantage of this settlement if you lived in the United States between November 2006 and April 2013 (although this may change, see more below).
You need to have booked an Avios redemption (100% Avios, not ‘cash and Avios’) between 9th November 2006 and 17th April 2013.
The taxes and charges paid included a fuel surcharge.
What you get:
Award of 12,500 Avios for one redemption.
20,000 Avios for between two and five redemptions.
35,000 Avios for six or more redemptions.
The court is expected to rubber stamp the settlement on 27th July. Alternatively, you can opt to take a cash alternative which is roughly 17% of the fuel surcharges you paid.
According to this article on HeadforPoints, assuming that everyone takes Avios, a total of 2,228,677,500 Avios will be awarded.
The Avios will be awarded automatically. If you want the money, you need to specifically opt-in by 29th July. If you have closed your BAEC account in the interim, your only option is to receive cash and you need to specifically opt-in.
This settlement is only for US residents. Whilst UK residents paid similar fuel surcharges over this period, they are not included. Bearing in mind that the relevant lawyers are asking for almost $15 million in fees and expenses for their work, one can only hope that a UK law firm will now raise a similar case. I have everything crossed!
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