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Aircraft and courts. Thai Airways fined AUD 7.5 million for over cargo cartel for price fixing

Melbourne, Australia - The company was authorized to pay in installments because of its financial problems

In the context of the inquiry of the Australian Competition and Consumer Commission (ACCC) on the global air freight cartel created by some airlines for price fixing, the Australian Federal Court fined Thai Airways 7.5 million Australian dollars: the South-Asian carrier settled, admitting its involvement in the agreements between several companies to maintain high prices for the service. The airline...

AVIONEWS - World Aeronautical Press Agency - 1148320

AVIONEWS - World Aeronautical Press Agency
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