British Airways settled a class-action lawsuit.

The settlement of a class action arising from the collapse of Laker Airways was reached in a Washington court, the British carrier reported. It said it will join with Pan Am and Trans World Airlines in setting up a fund worth $30 million to compensate people who paid for tickets on any of the three airlines after Feb. 26, 1982, for travel between Britain and the United States between March 1, 1982, and March 31, 1984.