AFR-KLM Cargo Cartel Fine $500m

from FlightGlobal:

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Air France-KLM and others fined $500m for cargo cartel
By David Kaminski-Morrow

Air France-KLM and three other airline groups have been fined a total of $504 million after pleading guilty to participating in a cartel to fix air cargo transportation rates.

US Department of Justice regulators have imposed a $350 million fine on Air France-KLM and smaller penalties on SAS Cargo, Cathay Pacific and Martinair.

http://www.flightglobal.com/articles...go-cartel.html

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