cathay-pacific

More airlines rapped for Oz price-fixing

Cathay Pacific has been fined AUS$11.25 million (US$11.8 million) and Singapore Airlines Cargo AUS$11.75 million (US$12.3 million) for taking part in an airline price-fixing cartel that sought to fix fuel surcharges on government contracts from 1996 onwards. The Australian Competition and Consumer Commission (ACCC) said Singapore Airlines and Malaysia Airlines had colluded on a contract to transport Australian meat to the Middle East for Gulf War troops while Cathay Pacific ... [+]