Air France-KLM and a number of other operators have lost a legal bid to challenge fines imposed on them by the European Commission over participation in a pricing cartel for the airfreight market. But the European Union General Court ruling also partly annuls the Commission’s decision concerning several other airlines, enabling a reduction in their penalties. The Commission brought fines totalling €790 million against the airlines involved in November 2010. Lufthansa acted as whistleblower and, as such, was granted immunity.
Categories: Business
