A JAL Airbus A300 After admiting to price fixing on cargo services between Japan and the United States, Japan Airlines (JAL) has been fined US$110 million by the United States Department of Justice. Prosecutors allege JAL earned $2 billion illegally between 2000 and 2006, although it is possible the scheme was operating as early as 1995. British Airways, Korean Air and Qantas all previously admitted being involved and paid fines. The cartel, which created artificially high prices by eliminating competion between its members, was exposed by whistleblower Lufthansa, who alerted authorities in exchange for immunity to prosecution. Three other airlines are also involved.
A JAL Airbus A300 After admitting to price fixing on cargo services between Japan and the United States, Japan Airlines (JAL) has been fined US$110 million by the United States Department of Justice. Prosecutors allege JAL earned $2 billion illegally between 2000 and 2006, although it is possible the scheme was operating as early as 1995. British Airways, Korean Air and Qantas all previously admitted being involved and paid fines. The cartel, which created artificially high prices by eliminating competition between its members, was exposed by whistleblower Lufthansa, who alerted authorities in exchange for immunity to prosecution. Three other airlines are also involved.
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