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Old 5th Mar 2011, 15:14
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CargoFlyer11
 
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Airline Executives sentenced 6 to 8 months..

21 airlines fined for fixing passenger, cargo fees - Yahoo! News

"What they came up with, according to federal prosecutors, was a massive price-fixing scheme among airlines that artificially inflated passenger and cargo fuel surcharges between 2000 and 2006 to make up for lost profits.
The airlines' crimes cost U.S. consumers and businesses — mostly international passengers and cargo shippers — hundreds of millions of dollars, prosecutors say.
But the airlines caught by the Justice Department have paid a hefty price in the five years since the government's widespread investigation became public.
To date, 19 executives have been charged with wrongdoing — four have gone to prison — and 21 airlines have coughed up more than $1.7 billion in fines in one of the largest criminal antitrust investigations in U.S. history."
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