NZ court turns down airline’s price fixing appeal
The New Zealand High Court has turned down a bid by the eight airlines accused of fixing air cargo rates to appeal the first part of the antitrust regulator's case.
November 16, 2011
The New Zealand High Court has turned down a bid by the eight airlines accused of fixing air cargo rates to appeal the first part of the antitrust regulator’s case, saying they must honour their pledge to wait until the second part of the trial before petitioning the Court of Appeal.
The airlines had sought to be released from their pledge but the request was turned down according to a written decision published on the Justice Department’s website.
Air New Zealand, Japan Airlines, Emirates, Malaysian Airlines, Korean Airlines, Thai Airways, Singapore Airlines & Singapore Airlines Cargo and Cathay Pacific had previously agreed to wait until judgement from the second stage of the trial before making an appeal to ensure all appeal issues were dealt with at once.