Cathay Pacific Fined For Air Cargo Surcharge Conspiracy

AG
Affleck Greene McMurtry LLP

Contributor

Affleck Greene McMurtry LLP represents businesses involved in complex litigation, competition law, and administrative proceedings in Canada. AGM’s clients include national and international financial institutions, investment houses, construction and mining companies, manufacturers, insurance companies, governments, and other medium- and large-sized enterprises.
Cathay Pacific Airways Ltd. pleaded guilty to fixing navigation surcharges imposed on international air cargo shipments to and from Canada and was fined $1.5 million.
Canada Antitrust/Competition Law

Cathay Pacific Airways Ltd. pleaded guilty to fixing navigation surcharges imposed on international air cargo shipments to and from Canada and was fined $1.5 million.

Cathay Pacific was the eighth airline to plead guilty in the air cargo case. Including Cathay Pacific's fine, the Competition Bureau has collected over $24 million in fines following guilty pleas from British Airways, KLM, Air France, Korean Airlines, Cargolux, Martinair and Qantas.

Several airlines have also settled class actions, for a total to date of over $16 million. Settling airlines include Luftansa, Japan Airlines, SAS, Qantas, Singapore Airlines, and Air France.

The following table summarizes the class action settlements and fines to date:

Parties

(defendants to class actions)

Class Action Settlements

$million

Fines

$million

Luftansa 5.338
Japan Airlines 0.738
SAS 0.3
Qantas 0.237 0.155
Cargolux 1.8 2.5
Singapore 1.05
Air France 6.5 4
LAN 0.7
Cathay Pacific 1.5
KLM 5
Martinair 1
British Airways 4.5
Korean Airlines 5.5
Air Canada
Asiana Airlines
Atlas Air Worldwide
Polar Air Cargo
Swiss International Airlines
Totals 16.663 24.155

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More