Top News on SAS Cargo

  • Air France-KLM and others fined $500m for cargo cartel


    <P><A href="http://www.airfranceklm-finance.com/">Air&nbsp;France-KLM</A> and three other airline groups have been fined a total of $504 million after pleading guilty to participating in a cartel to fix air cargo transportation rates.</P> <P><A href="http://www.usdoj.gov/opa/pr/2008/June/08-opa-571.html">US&nbsp;Department of Justice regulators</A> have imposed a $350 million fine on Air France-KLM and smaller penalties on SAS Cargo, Cathay Pacific and Martinair.</P> <P>Charges filed against the airlines state that they engaged in a “conspiracy to suppress and eliminate competition” by jointly fixing the rates of freight shipment.</P> <P>The Department of Justice says the Air France-KLM fine is the second-highest ever to be levied in a criminal anti-trust prosecution.</P> <P>Cathay Pacific is to pay $60 million for its part in the cartel, while SAS Cargo will pay $52 million and Martinair $42 million.<BR></P> <P>Source: flight global's premium sister partner <A href="">Air&nbsp;Trans


  • Other News for SAS Cargo

  • Air France-KLM and others fined $500m for cargo cartel


    <P><A href="http://www.airfranceklm-finance.com/">Air&nbsp;France-KLM</A> and three other airline groups have been...


  • EC levels formal anti-competition allegations at SAS Cargo


    <P>Scandinavia’s <A href="http://www.sasgroup.net/SASGroup/default.asp" target=_blank>SAS&nbsp;Group</A> has received...


  • News Listings for SAS Cargo

  • E-freight gains momentum

    News | 20 Jan 2009 13:00 | Peter Conway

    Despite a certain amount of scepticism at its launch, IATA's initiative to make the air cargo industry paperless is rapidly gaining momentum, although some geographical holes remain that will need to be pluggedhttp://www.flightglobal.com/news/articles/E-freight-gains-momentum-321268/
  • Air France-KLM and others fined $500m for cargo cartel

    News | 27 Jun 2008 09:15 | David Kaminski-Morrow

    <P><A href="http://www.airfranceklm-finance.com/">Air&nbsp;France-KLM</A> and three other airline groups have been fined a total of $504 million after pleading guilty to participating in a cartel to fix air cargo transportation rates.</P> <P><A href="http://www.usdoj.gov/opa/pr/2008/June/08-opa-571.html">US&nbsp;Department of Justice regulators</A> have imposed a $350 million fine on Air France-KLM and smaller penalties on SAS Cargo, Cathay Pacific and Martinair.</P> <P>Charges filed against the airlines state that they engaged in a “conspiracy to suppress and eliminate competition” by jointly fixing the rates of freight shipment.</P> <P>The Department of Justice says the Air France-KLM fine is the second-highest ever to be levied in a criminal anti-trust prosecution.</P> <P>Cathay Pacific is to pay $60 million for its part in the cartel, while SAS Cargo will pay $52 million and Martinair $42 million.<BR></P> <P>Source: flight global's premium sister partner <A href="">Air&nbsp;Transhttp://www.flightglobal.com/news/articles/Air-France-KLM-and-others-fined-500m-for-cargo-cartel-224932/
  • EC levels formal anti-competition allegations at SAS Cargo

    News | 21 Dec 2007 16:15 | David Kaminski-Morrow

    <P>Scandinavia’s <A href="http://www.sasgroup.net/SASGroup/default.asp" target=_blank>SAS&nbsp;Group</A> has received a <A href="http://ec.europa.eu/index_en.htm" target=_blank>European&nbsp;Commission</A> statement of objections alleging infringements of competition law within the air cargo sector.</P> <P>Last year the European Commission and US regulators opened a wide-ranging investigation into alleged cartel activity by several companies, including <A href="http://www.sasgroup.net/SASGroup/default.asp" target=_blank>SAS&nbsp;Cargo</A>, in the air freight industry.</P> <P>SAS Group is deferring detailed comment until it has examined the EC statement in detail and been granted the chance to review related documentation in the EC’s investigation files. It plans to provide a statement on the issue, and its possible effects, no later than February.</P> <P>But chief executive Mats Jansson says: “Infringement of competition rules is entirely unacceptable and we condemn it unreservedly.http://www.flightglobal.com/news/articles/EC-levels-formal-anti-competition-allegations-at-SAS-Cargo-220529/
  • Appointment briefs

    News | 25 Apr 2006 23:00

    <P>Air Malta has elevated chief operating officer Joe Cappello to chief executive, succeeding Ernst Funk. Cappello has held senior management positions at the airline since 1976. </P> <P>Christoph Müller, a member of the executive board of TUI in charge of airlines, has taken on the additional role of acting managing director of Hapagfly. Müller replaces Wolfgang John, who left to pursue interests outside the TUI group. </P> <P>Morton Leth, vice-president in the financial division of Carlsberg Breweries, has moved to Scandinavian Airlines Danmark as chief financial officer. He succeeds Soeren Busk, who has transferred to SAS Cargo.</P> <P>United Airlines named 22-year company veteran Sean Donohue to the new post of vice-president for customer experience. Donohue, who also has been in charge of regional United Express, helped launch Ted and ExPlus, its new regional jet service. Meanwhile executive vice-president of strategy Doug Hacker has left after accepting a compensation package.http://www.flightglobal.com/news/articles/Appointment-briefs-206191/
  • EU and USA anti-trust teams probe global air cargo 'cartels'

    News | 15 Feb 2006 10:46

    <BR>European and US competition authorities have launched a widespread investigation into alleged cartel activity in the air cargo industry.<BR><BR>Overnight, a series of airlines have released details of the requests for information into alleged collusion, issued simultaneously by the European Commission and the US Department of Justice (DoJ). Major carriers so far include: British Airways,&nbsp; Lufthansa, Japan Airlines (JAL), Korean Air, Cathay Pacific Airways, Air France-KLM, Scandinavian Airlines Cargo (SAS Cargo), American Airlines, and United Airlines. Many airlines also had their offices raided and dossiers seized by officials. <BR><BR>The investigation is into price-fixing between carriers in the air cargo industry, in the form of a global cartel. The EC says in a statement that it "carried out unannounced inspections at the premises of several air cargo carriers [and] has reason to believe that the companies concerned may have violated article 81 of European law, which prohihttp://www.flightglobal.com/news/articles/EU-and-USA-anti-trust-teams-probe-global-air-cargo-cartels-204705/
  • In brief

    News | 30 Apr 2004 23:00

    <p>Calin Rovinescu, the number two to Air Canada's chief executive Robert Milton, has resigned. Rovinescu, who joined Milton's team in 2000 and was made chief restructuring officer in April 2003, left as talks with potential investor Trinity Investments foundered and may be the beginning of further senior changes yet to come.</p> <p>British Airways sales director Dale Moss is leaving the carrier at the end of June. A highly regarded sales and marketing executive with wide transatlantic experience, Moss, a US national, joined BA in 1970. He left for four years in 1989 for a spell at Rosenbluth Travel, rejoining BA in 1993. The airline says a replacement for Moss will be announced shortly.</p> <p>Kenneth Marx, 40, has been named as the new president and chief executive of SAS Cargo Group succeeding Peter Gronlund who is to head up the Scandlines ferry firm. Marx has 16 years of experience within the SAS Group, the last five as a senior executive of SAS Cargo.</p>http://www.flightglobal.com/news/articles/In-brief-180772/