Asiana, Cargolux, Nippon Cargo agree to pay fines for price-fixing

Asiana Airlines, Cargolux Airlines International and Nippon Cargo Airlines yesterday became the latest carriers to reach an agreement with the US Dept. of Justice to plead guilty to conspiring to fix air cargo prices and will pay criminal fines totaling $214 million. Asiana, which agreed to pay a...

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.