air cargo market

Mar 17 '17 12:29

The European Commission gave Air France KLM a 310 million euros fine for NOS reports.

The Commission fined eleven airlines a total of nearly 800 million euros for this offense, according to the broadcaster.

Mar 9 '17 09:33

Air France-KLM is one of several airlines that may be facing a massive fine from Brussels. The Dutch-French airline is accused of cartel forming in the cargo transit market, ANP reports.

Insiders told the news wire that attempts to negotiate a settlement failed. Which means that fines amounting to millions of euros may be imposed on the involved airlines. 

The authorities suspect 11 airlines for making secret agreements between 1999 and 2006 on how they would deal with fuel and security surcharges and how to ensure that no discounts were granted.