Investigation and pending class action lawsuit against most of the major air freight carriers in the world, including Air France, Air France-KLM Group, Air France Cargo, Air France-KLM Cargo, Asiana Airlines, British Airways, Cathay Pacific Airways, Deutsche Lufthansa, Lufthansa Cargo, Japan Airlines International Co., Korean Airlines Co., SAS, SAS Cargo, UAL Corp., United Airlines, United Airlines Cargo and International Air Transport Assoc.
The class action lawsuit alleges a broad global conspiracy to fix, raise maintain and stabilize prices for fuel, security and insurance surcharges in air cargo shipping. Surcharges are fees charged by the defendant carriers to compensate them for certain external costs. For example, after September 11, 2001, a surcharge was added for security reasons.
This class action alleges that the defendants unlawfully set the price of these surcharges.
Name (Stock Symbol)
British Airways Plc
British Airways Plc is a UK based commercial airline.
Korea Air Lines
Korea Air Lines is a commercial airlines.
Air France-KLM is an European airline holding company. It is the largest airline company in the world in terms of total operating revenues. Air France is an operating subsidiary of Air France-KLM and provides passenger service throughout the world.
Luftansa Cargo is a commercial air freight company, which is wholly owned by Luftansa.
Air France-KLM Cargo
Air France-KLM Cargo is the operating subsidiary of Air France-KLM. It ships air freight around the globe.
SAS Cargo Group
SAS Cargo Group, a subsidiary of SAS Group, provides air cargo transporation.
United Airlines, a subsidiary of UAL Corporation, is a commercial airline.
Asiana Airlines, Inc.
Asiana Airlines, Inc. is a commercial airline providing passenger and cargo services in Asia and globally.
Air France-KLM Group
Air France-KLM is an European airline holding company. It is the largest airline company in the world in terms of total operating revenues.
Air France Cargo
Air France-KLM is a European airline holding company. It is the largest airline company in the world in terms of total operating revenues. Air France Cargo was the operating entity for Air France prior to the merger between Air France and KLM. After the merger was complete, all Air France Cargo operations were merged into Air France-KLM Cargo
Cathay Pacific Airways Limited
Cathay Pacific Airways Limited is a commercial airlines, primarily operating in Hong Kong and Asia.
Deutsche Lufthansa AG
Deutsche Lufthansa AG is a commercial airlines.
Japan Airlines International Co.
Japan Airlines International Co., Ltd.
is the holding company for all airline activities.
SAS Group is a commercial airlines.
UAL Corporation (UAUA)
UAL Corporation, through its subsidiaries, offers air transportation services.
United Airlines Cargo
United Airlines Cargo, a subsidiary of UAL Corporation, provides air cargo services.
International Air Transport Assoc.
International Air Transport Assoc. is an international trade body for airlines.
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