12-Apr-2011 7:57 AM

Japan Airlines penalised USD5.8m for cargo price fixing

Japan Airlines International Co Ltd (JAL) has been ordered (11-Apr-2011) by the Australian Federal Court in Melbourne to pay a AUD5.5 million (USD5.8 million) penalty for breaching the price fixing provisions of the Trade Practices Act 1974. The matter represents the seventh international airline to settle the Australian Competition and Consumer Commission's (ACCC) air cargo proceedings and brings the total pecuniary penalties ordered in Australia against the illegal cartel to AUD46.5 million (USD48.8 million). Proceedings against Singapore Airlines, Cathay Pacific, Emirates, Korean Air Lines, Air New Zealand and Thai Airways International remain on foot, the ACCC said. The ACCC's proceedings against Garuda and Malaysian Air Lines are stayed pending the outcome of an appeal to the Full Federal Court. [more]

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