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Aircraft and courts. Cathay Pacific Airways and Singapore Airlines fined for cargo cartel

Canberra, Australia - Penalties around 11 million Australian dollars

The Australian Competition and Consumer Commission (ACCC) fined Cathay Pacific Airways and Singapore Airlines in the range of the investigation about the airlines which, between 2000 and 2006, formed a cartel to fix the prices of cargo transport. Penalties amount to 11.25 million Australian dollars for the Singapore carrier, and to 11.75 million Australian dollars for the Hong Kong-based airline, which...

AVIONEWS - World Aeronautical Press Agency - 1148046

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