Cargo Cartel Investigation Against Air New Zealand Finally Over
According to reports, the cargo cartel investigation, against Air New Zealand, by the US Department of Justice has finally ended. The Federal prosecutors have confirmed that they have stopped the probe through a letter.
The investigation had been going on since 2005, as airline continued to press for the past five years, that it had not done anything wrong.
Though Air New Zealand is said not to be among the airlines fined by the European Commission, it is still under the inspection of the Commerce Commission in New Zealand.
The General Counsel of the airline, John Blair, said: “This brings a closure not only for the airline but also, importantly, to a few individuals who have had to live for more than 5 years under the threat of criminal penalties, despite the airline's confidence in their innocence”.
However, the Commerce Commission is reported to have commenced proceedings in December 2008 against 13 international airlines and 8 airline executives, stating “they colluded to raise the price of freighting cargo by imposing fuel surcharges on cargo shipments into and out of New Zealand”.
Moreover, the commission has for some time now, issued end notices against PT Garuda and 6 Air New Zealand executives regarding the case, though it intends to continue with the case against Air New Zealand, Cathay Pacific, Emirates, Japan Airlines, Korean Air Lines, Malaysian Airlines, Singapore Airlines, and Thai Airways.
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