Cargolux confirmed on Tuesday it will appeal the European Commission’s penalty of €79.9 million ($109.4 million) for allegedly taking part in an international airfreight cartel. In 2010, the EC imposed fines totaling €799 million on 11 companies for their involvement in fixing fuel surcharges and security costs from 1996 to 2003 (ATW Daily News, Nov. 10, 2010). “At this stage Cargolux does not wish to make any further comments on this pending case,” ...

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