27-Jan-2011 8:30 AM

Cargolux files appeal against European Commission decision

Cargolux Airlines International SA (26-Jan-2011) and 10 other airlines were fined by the European Commission for allegedly operating a cartel in airfreight on 09-Nov-2010. The company will file an appeal against the decision to impose a EUR79.9 million fine on Cargolux out of a total amount of EUR799.4 million for colluding to set fuel and security surcharges between 2000 and 2006. [more]