FlyingTypers Logo
40th Anniversary Ad
   Vol. 16 No. 40
Monday May 1, 2017

EU Fine Hits Carriers Again
EU Fines Carriers Again

     Last month the European Union levied a $835 million (776 million Euro) fine on air cargo companies for colluding to fix the level of fuel and security surcharges. It was first slapped on Air Canada, Air France-KLM, British Airways, Cargolux, Cathay Pacific Airways, Japan Airlines, LAN Chile, Martinair, Qantas, SAS, and Singapore Airlines before a court threw it out.
     But down is not out, so with a few tweaks in the legal language, the European Union re-imposed the fines.

Same Old Song

     The EU Commission that handles these things once again declared that the companies colluded to fix the level of fuel and security surcharges between 1999 and 2006.
Expect several appeals although in most cases these fines were laid aside and accounted for a long time ago.

Publisher-Geoffrey Arend • Managing Editor-Flossie Arend •
Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend • Advertising Sales-Judy Miller

fblogoSend comments and news to geoffrey@aircargonews.com
Opinions and comments expressed herein do not necessarily reflect the views of the publisher but remain solely those of the author(s).
Air Cargo News FlyingTypers reserves the right to edit all submissions for length and content. All photos and written material submitted to this publication become the property of All Cargo Media.
All Cargo Media, Publishers of Air Cargo News Digital and FlyingTypers. Copyright ©2017 ACM, Inc. All Rights Reserved.
More@ www.aircargonews.com

recycle100% Green