EUROPE/CIS: Cargolux to appeal against EU price fixing fine

Main deck cargo airline Cargolux Airlines International is to appeal against the European Union’s €79.9 million fine for alleged collusion to set fuel and security surcharges for six years up to 2006 in an international price fixing cartel. In November 2010, Cargolux and 10 other airlines were fined by the European Commission for operating a […]


Main deck cargo airline Cargolux Airlines International is to appeal against the European Union’s €79.9 million fine for alleged collusion to set fuel and security surcharges for six years up to 2006 in an international price fixing cartel. In November 2010, Cargolux and 10 other airlines were fined by the European Commission for operating a cartel in airfreight. Fines amounted to €799.4 million in total. Meanwhile, two senior executives at the airline, Cargolux CEO Ulrich Ogiermann and senior vice president sales and marketing Robert van de Weg, are facing separate criminal charges for participating in price fixing in the US where Cargolux was fined US$119 million in 2009.