Thursday, September 15, 2011

Korean Air in court action.

KOREAN Airlines has been dragged into a long-running class action over price fixing in the air cargo market, thanks to the other alleged participants, including Qantas.

The Federal Court yesterday allowed two members of the alleged cartel, Singapore Airlines and Cathay Pacific, to add Korean Airlines as a cross-respondent.

Justice Richard Tracey said the airlines wanted to add Korean Airlines because earlier this month its counsel told the court it had struck an in-principle agreement with the competition watchdog.
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He said that although the application to rope in Korean Airlines was a few weeks late, it could be accommodated.

The $200 million claim was filed by Maurice Blackburn in 2007 but does not yet have a trial date.

In addition to Qantas, the lawsuit names Lufthansa, Singapore Airlines, Cathay Pacific, Air New Zealand, Japan Airlines and British Airways.

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