Journal of Commerce--Singapore Airlines Cargo agreed to plead guilty to a charge of fixing air cargo rates on shipments to and from the U.S. between 2002 and 2006, the U.S. Department of Justice said Nov. 30.
The airline, one of 20 of the world's largest airlines accused of conspiring to fix rates and surcharges, will pay a $48 million fine and continue to cooperate in the department's investigation as part of the one-count felony plea agreement.
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The airline, one of 20 of the world's largest airlines accused of conspiring to fix rates and surcharges, will pay a $48 million fine and continue to cooperate in the department's investigation as part of the one-count felony plea agreement.
Read more!
