AUSTRALIA: Australia competition watchdog fines three more carriers
In the latest development revolving around the global air cargo price fixing scandal, Australia’s competition watchdog has sued three more airlines over allegations they were involved in price fixing. Air France-KLM, Martinair and Cargolux have joined Singapore Airlines, Qantas Airways and British Airways over the same allegations made by the Australian Competitionand Consumer Commission. The […]
March 1, 2009
The three have agreed to pay fines, with Cargolux saying it has agreed to fines of A$5 million (â‚¬2.6 million). “Cargolux has cooperated intensively with the ACCC and the other authorities throughout the investigation and the legal proceedings and will continue to do so” says Mr. Marc Hoff mann, Chairman of the Board of Cargolux.
It’s not known the value of fines agreed to by Air France-KLM and Martinair – which was officially taken over by the Air France-KLM group on 31 December 2008. The allegations date from a period prior to Air France- KLM’s involvement with Martinair.
Regulators worldwide have been probing more than 30 airlines over the issue, which erupted in February 2006 when US and European officials raided airlines as part of investigations into the imposition of fuel surcharges by major carriers for international air cargo shipments.