Air, Business, Freight News, Logistics

Cargolux execs agree sentence terms

[ December 9, 2011   //   Chris ]

Cargolux executives Ulrich Ogiermann and Robert Van de Weg have entered into a plea agreement with the US Department of Justice (US DoJ) following their indictment by a US grand jury for alleged violations of US antitrust laws. Ogiermann and Van de Weg, respectively special advisor and senior vice president sales and marketing at the all-cargo airline, agreed to 13 month sentence.

Cargolux itself pleaded guilty in May 2009 in similar US proceedings against the company and agreed to pay a fine of US$ 119 million.