Polar Air Cargo to plead guilty to cargo price fixing

Polar Air Cargo, a subsidiary of Atlas Air Worldwide Holdings, said Thursday it reached an agreement with the US Dept. of Justice to plead guilty to antitrust violations related to cargo pricing and pay a $17.4 million fine in installments over five years. Polar becomes the 17th carrier to have...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.