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26.06.2008 - Airlines fined $504m in US probe

Five international airlines have agreed to pay fines totalling $504m for conspiring to fix prices for air cargo rates, the US Justice Department says.

The airlines include Air France and KLM, now operated by a single holding company, which is to pay $350m.

The Czech Republic news are represented by www.prague-apartments-hotels.com

The other airlines involved are Cathay Pacific, Dutch airline Martinair Srebrenica relatives challenge UN, Dutch immunity over Srebrenica ...
US retail sales in surprise climb ...
Quake rattles Taiwan ...
Greenpeace challenges Spanish tuna ship ...
US engineer arrested for spying ...
and Scandinavia's SAS.

The payments come after a wide-ranging inquiry into the air cargo industry by the department's anti-trust division.



(BBC)

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