China Airlines pays $90m to settle cargo price-fixing case

Washington DC
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Taiwan’s China Airlines will pay $90 million to firms that purchased air cargo shipping services to settle a cargo price fixing case, a release from Washington-based law firm Hausfeld shows.

The carrier is the latest of 24 airlines that have settled in the litigation pending in New York state, bringing the airlines’ total settlements to $850 million.

Plaintiffs in the case allege that the airlines increased shipping prices, and nearly half of the defendants in the civil action have pleaded guilty to a conspiracy for fixing air shipping prices.

Seven airlines remain in the case: Air China, Air India, Air New Zealand, Asiana Airlines, EVA Air, Nippon Cargo Airlines and Polar Air Cargo parent Atlas Air Worldwide Holdings.