News

  • Photo: India's competition commission

13.03.2018

Daily
Artikel Nummer: 22415

India's competition watchdogs fine three carriers


India’s competition commission (CCI) has imposed penalties upon three airlines for concerted action in fixing and revising the fuel surcharges (FSC) that form part of the overall freight charges.

 

CCI used information filed by the Express Industry Council of India to investigate Jet Airways (India), Interglobe Aviation, Spice Jet, Air India and Go Airlines (India). Fines of EUR 4.9 million (INR 39.81 crore), EUR 1.2 million (INR 9.45 crore) and EUR 634,000 (INR 5.10 crore) have since been imposed upon Jet Airways (India), Interglobe Aviation and Spice Jet respectively. In addition, a cease and desist order was also issued against the airlines.

 

The CCI took the carriers’ turnover into account and based the fines on the revenue generated by the airlines’ aircargo services only. (ah)

www.cci.gov.in

 

 

 

Mehr zum Thema