Cargolux appeals against US$100 million fine
25 / 01 / 2011
CARGOLUX, recipient of last year’s second-largest European Commission (EC) fine for operating an illegal cartel, has filed an appeal against its €79.9 million (US$109.4 million) penalty.
In 2010 the EC imposed a group fine totalling €799 million ($1.094 billion) on 11 companies for their involvement in fixing fuel surcharges and security costs from 1996 to 2003, with Air France receiving the highest fine.
“After careful consideration the company has decided to file an appeal against the decision of the European Commission. At this stage Cargolux does not wish to make any further comments on this pending case,” Cargolux spokeswoman Martine Scheuren comments.