Malaysia Airlines is the ninth court-endorsed settlement
reached between the ACCC and an airline in the air cargo
investigation.
On 14 June 2012 the Federal Court in Sydney made orders giving
effect to a settlement between Malaysia Airlines Cargo System
Berhad and the ACCC concerning price fixing conduct between
Malaysia Airlines and competitors on fuel and security surcharges
and customs fees applicable to freight carried from Indonesia to
Australia and other countries between 2001 and 2005.
The Court ordered that Malaysia Airlines pay $6 million in
penalties and $500,000 towards the ACCC's costs for its
participation in the cartel conduct.
This is the ninth court-endorsed settlement reached between the
ACCC and an airline in the air cargo investigation. It brings the
total amount in Australian penalties imposed by the Court in
respect of air cargo proceedings to A$58 million.
