Friday, December 21, 2012

AirAsia X was fined two days ago, now its SIA's turn

Just days after Malaysia's AirAsia X was fined for not providing enough details on taxes for its fares by the Australian regulato, today, Singapore Airlines was fined NZ$4mil for price fixing.

A report said that SIA was fined by a New Zealand court for its part in cargo price fixing cartel over a period of nearly four years.

The New Zealand competition watchdog said SIA Cargo, a unit of Singapore Airlines, admitted liability for agreeing to fuel and security surcharges in Indonesia and Malaysia for cargo flown to the country. Price fixing is unlawful, said a report.

AirAsia X has said two days ago that it had no intention to mislead in the website pricing though it acknowledged there was a technical breach, resulting it being fined A$200,000 by the Federal Court in Melbourne, its

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