Air NZ ordered to pay A$15 mln for role in fixing cargo prices, security fees

Wed, 27 Jun 2018

By Paul McBeth June 27 (BusinessDesk) - Australia's Federal Court has ordered Air New Zealand to pay A$15 million for its role in a global air cargo cartel through the middle of last decade. New Zealand's national carrier and Indonesia's PT Garuda were the two hold-outs protesting their innocence in Australia in the long-running price-fixing claim. The case has spanned multiple jurisdictions in several countries, and has been going well over a decade. In Australia alone, thirteen other airlines have settled with the Australian Competit...

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