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European Commission (December 2010) Print E-mail
Wednesday, 01 December 2010 00:00

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Air France-KLM, British Airways and nine other airlines (Air Canada, Cathay Pacific, Cargolux, Japan Airlines LAN Chile, Qantas, SAS, and Singapore Airlines) were fined a total of €799 million by EU regulators in a price-fixing case that could open the way for claims for compensation against the airlines. Already Ericsson and Philips have sought compensation. The European Commission said in a statement the carriers coordinated surcharges for fuel and security without discounts between late 1999 and early 2006. Lufthansa and Swiss (owned by Lufthansa) also took part in the cartel but received immunity from punishment and were not fined because Lufthansa had alerted the Commission to the existence of the price-fixing scheme.

 

This article first appeared in the December 2010 Issue of FlyingInIreland Magazine

 
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