Air, Business, Freight News, Logistics

Emirates fined for price-fixing

[ October 17, 2012   //   ]

An Australian court has fined Emirates $10 million for alleged price fixing of fuel and other surcharges. The Middle East carrier reached a settlement with the Federal Court in Sydney, becoming the tenth airline to do so. The Australian Competition and Consumer Commission is also due to start proceedings against Air New Zealand, Cathay Pacific, Singapore Airlines and Thai Airways for allegedly fixing fuel and other surcharges.