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Tuesday, November 9, 2010

13 airlines face $1.43b fine

Singapore Airlines, British Airways and 11 other carriers are set to be fined a total of about €800 million ($1.43 billion) by EU competition regulators for fixing cargo prices, a source with knowledge of the case said yesterday.
http://www.mimimyne.com/images/Aeroplane2small.jpg
Other carriers facing fines include Air France-KLM, Cathay Pacific, Japan Airlines and Qantas, the source said. LINK

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