Singapore Airlines settles US air cargo class action

Singapore Airlines said it hasn't admitted to any wrongdoing and the settlement resolves any liability for the company from the air cargo class action in the U.S.


Singapore Airlines Cargo


Singapore Airlines said its cargo unit has reached a settlement with plaintiffs in a class action case in the U.S. earlier this month.

Under the terms of the settlement, Singapore Airlines Cargo will pay US$62.8 million and make a corresponding provision in its financial statements, according to a company statement.

Singapore Airlines said it hasn’t admitted to any wrongdoing and the settlement resolves any liability for the company from the air cargo class action in the U.S.

The airline didn’t name the plaintiffs in the statement but said that in 2006, proposed class actions were started against several airlines, including Singapore Airlines, on competitive aspects of air cargo services.