find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Property lawyer - Melbourne
Category: Property Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Impressive client list, national firm · Well-led and high-performing team
View details
Senior family lawyer - Melbourne
Category: Family Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Outstanding national firm · High-calibre family law team
View details
Qantas fined again

Qantas fined again

Qantas has been fined $12.1 million for being part of a freight cartel.This is the fifth time the airline carrier has received penalties in the last three years.The European Commission announced…

Qantas has been fined $12.1 million for being part of a freight cartel.

This is the fifth time the airline carrier has received penalties in the last three years.

The European Commission announced early today (10 November) that it has imposed fines totalling $1.1 billion on 11 cargo carriers for engaging in anti-competitive conduct between late 1999 and early 2006.

The Commission found that the cartel colluded to set surcharges for fuel and security on flights to and from European destinations.

"It is deplorable that so many major airlines coordinated their pricing to the detriment of European businesses and European consumers," European competition commissioner Joaquin Almunia said in a statement.

Qantas received one of the lowest fines of the 11 companies involved.

Qantas media relations manager Simon Rushton told Lawyers Weekly the airline has "acknowledged the improper conduct by the Qantas Freight division over this period".

"Qantas was a leniency applicant and we have fully co-operated with the EC. We have also fully cooperated with all other global regulators," he said.

Rushton added that Qantas will look at the fine by the European Commission "in detail", once it receives the full decision next week.

Air France-KLM and British Airways were dealt the biggest penalties, with fines of $423.7 million and $143.3 million respectively. Other carriers to receive penalties in excess of $100 million included Cargolux ($109.7 million) and Singapore Airlines ($102.7 million). Scandinavia's SAS Group, Cathay Pacific, Air Canada, Martinair, Japan Airlines and Lan Chile were also fined.

The cartel was exposed from within after the German carrier Lufthansa blew the whistle and alerted authorities. It was spared any penalties for its co-operation with the Commission.

It was also announced by the Commission that an additional 11 carriers and one consultancy firm were investigated, with no charges being laid.

Qantas has previously received fines of $71.6 million from the US Justice Department in November 2007 for price fixing in the air freight industry and a $20 million penalty from the Australian Competition and Consumer Commission in 2008 for breaching price fixing rules.

It was also fined $127,271 by the South Korean Fair Trade Commission in May this year for its part in a 19 member cartel that fixed fuel surcharges on cargo routes.

The latest penalty imposed on Qantas caps continues a recent run of bad news for the once iconic Australian company.

Earlier this month, Qantas had to ground its A380 fleet after problems emerged with its Rolls Royce designed engines.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Qantas fined again
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
Aug 23 2017
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...