LAN Cargo reached a plea agreement with the US Dept. of Justice and will pay an $88 million fine over five years to settle its portion of the wide-ranging global investigation into price-fixing and collusion that has ensnared a host of high-profile carriers. In addition, Campinas-based ABSA Cargo Airline, in which LAN holds a majority stake, struck a similar deal and will pay a $21 million fine over five years. Eight carriers--British Airways, Korean Air, Air France KLM, Japan Airlines, ...

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