ABC Aviation



Search:

Air Freight Forwarding Companies Involved In Price Fixing

Would you like to
contribute to this site?

Aviation Menu

Submit an Article
Submit a Tip
Place your Ad
Add URL
Aviation Questions?
Contact Us


 Aviation Training and Education 
 Commercial Aviation 
 Private and Civil Aviation 
 Military Aviation 
 Aviation Jobs 
 Aircraft Rental and Sales 
 Aviation Parts and Supplies 
 Regional Aircraft 
 Types of Aircraft 
 Helicopters 
 Airlines 
 Airline Information 
 Airfare 
 Best Airfares 
 Discount Airline Tickets 
 Aviation Companies 
 Aviation Service Industries 
 Aviation Weather Information 
 Aviation Hobbies 
 Model Airplanes and Helicopters 
 Aviation Publications 

Return To Aviation Article Archive
 

Search the Article Archives

Air Freight Forwarding Companies Involved In Price Fixing

By Victoria Selman


A worldwide investigation has been launched into alleged fuel price fixing by the air freight forwarding industry. Eleven major freight carrying airlines are being accused of trying to fix fuel price surcharges for freight forwarding flights. Amongst the airlines being accused of price fixing are British Airways, United Airlines and Lufthansa.

The airlines are being sued for fuel price fixing by a Tanzanian firm which had used KLM as a freight forwarding company to transport wood carvings to New York. The company, Sisimizi which is based in Dar-Es-Salaam in Tanzania, is seeking unspecified damages from a number of major airlines which act as freight forwarding companies. The complaint about fuel price fixing by leading airlines was filed on February 28 in US District Court for the Northeastern District of Illinois.

According to Julius Maldutis, the president of consulting firm Aviation Dynamics:

'This is going to be a very big issue because all the airlines increased the price of their cargo business concurrently'.

According to recent reports, Lufthansa has offered to cooperate with US federal prosecutors who are investigating the claim that price-fixing is taking place in the global airline freight forwarding industry.

Legal experts claim that by offering to co-operate with the authorities, Lufthansa could protect itself from possible criminal charges. This is most likely to be the case if it provides evidence against other air freight forwarding companies.

The investigation into allegations of fuel price fixing became public in February this year. At this time, authorities in Europe, Asia and the United States raided offices of a number of the worlds major airlines. They also requested information from other air freight forwarding companies. The crux of their investigations rests on the claim that air freight forwarders conspired to fix fuel surcharges and other fuel related costs. A number of airlines have been asked to provide evidence and most have said that they are co-operating with these requests.

About the Author:

GBS Freight is a freight forwarding company with over twenty years industry experience




clear

Get your Aviation questions answered... Subscribe to our
Aviation
Newsletter FREE!

Your First Name:

Your Email Address:



Do you have an ezine?
List your ezine in our Free Newsletter Directory!






Aviation Partner Sites
Copyright © ABC Aviation, 2006. All rights reserved.
Contact Us