Thai accused of cartel activities
21 / 05 / 2012
THAI Airways is under EU investigation for its part in the alleged air cargo cartel.
The Thai carrier is charged with fixing airfreight rates and fuel surcharges along with 25 other international cargo carriers, including Lufthansa, Air France-KLM, British Airways, Japan Airlines, SAS and Cargolux.
If found guilty, the carrier could be fined up to 10 per cent of its annual sales.
The airline must submit clarification to the EU commission, defending the charges, by 16 April, an extension from the 3 March deadline.
"We definitely do not have the liberty to collude with other freight service providers, but we must follow the government’s set rates," a Thai executive says.