Three International Airline Companies Agree to Plead Guilty to Price Fixing on Air Cargo Shipments
Three International Airline Companies Agree to Plead Guilty to Price Fixing on Air Cargo Shipments
Three international airline companiesLuxembourg-based Cargolux Airlines International S.A., Japan-based Nippon Cargo Airlines Co. Ltd. (NCA), and Korea-based Asiana Airlines Inc.have each agreed to plead guilty and pay criminal fines totaling $214 million for conspiring to fix prices in the air cargo industry. In addition, Asiana was charged with fixing the passenger fares charged on flights from the United States to Korea.