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:
(defendants to class actions)
Class Action Settlements
|Atlas Air Worldwide|
|Polar Air Cargo|
|Swiss International Airlines|