Australia turns on Cathay

AUSTRALIA’S investigation into cargo price fixing has now turned its sights on Cathay Pacific. Cathay will be the eighth airline that Australia has targeted.

The Australian Competition and Consumer Commission (ACCC) said that the carrier had fixed cargo surcharges in Hong Kong, India, Indonesia, Italy, Japan, Singapore and the United Arab Emirates.

The ACCC has already fined airlines AUS$41 million (US$28.7 million) for acting against fair competition.

“The ACCC continues to investigate other airlines with the assistance of cooperating parties and further actions are expected over the next few months,” it said in a statement.

A preliminary hearing will be held on 28 May.

Cathay is already under investigation for the same charges in New Zealand, announced four months ago.

Share this story
Facebook
Twitter
LinkedIn

Related topics

Latest news

CSafe opens Shanghai service centre for pharma containers

By Damian Brett

ULD producer CSafe has expanded its cool chain service offering in China by opening a new service centre at Shanghai…

Read More

Peli BioThermal appoints Ed Meyer to sales leadership role

By Damian Brett

Peli BioThermal has appointed Ed Meyer to the global sales leadership role for its BioThermal division. Meyer, who currently occupies…

Read More

Caribbean Airlines Cargo to boost freighter flights for Christmas

By Damian Brett

Caribbean Airlines Cargo will add extra freighter services to cater for rising demand over the Christmas period. The Trinidad &…

Read More