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.
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