PRICE FIXING

Sources Down Under tell us that Australian flag carrier Qantas had reserved four positions for the 777F freighter at Boeing, but they let go these positions over Christmas. We contacted the press department of the carrier in Sydney for a confirmation of this rumour. After an initial promise to "look into this matter", we were […]


Sources Down Under tell us that Australian flag carrier Qantas had reserved four positions for the 777F freighter at Boeing, but they let go these positions over Christmas.

We contacted the press department of the carrier in Sydney for a confirmation of this rumour. After an initial promise to "look into this matter", we were still waiting for a reply when this issue had to go to press, so the rumour still stands, plus the suggestion from our sources that the cancellation of the 777F reservation may have something to do with the US$61 million fine, which Qantas has to pay for collusion and price-fixing of fuel surcharges in the US and the likely fines from Australia’s ACCC and the European Commission.

Qantas is further facing a class action suit by more than 1,000 customers over the alleged price fixing.

It makes one wonder, the sources told us, what other Australian CEO, whose company was found guilty of price fixing, would survive along with all the senior executives?