Up to $1.5m fee for every Chinese-built box ship calling at a US port
Following its investigation into what it concluded was unfair Chinese state support of maritime supply ...
The long-running air cargo antitrust civil case has finally come to a close, with the last settlements for both carriers and lawyers agreed by a New York court.
Polar Air, an Atlas Air subsidiary, must pay $100m in damages to customers, while Air China settled, paying $50m.
The court also approved settlements by Air India ($12.5m) and Air New Zealand ($35m).
Lawyers working on the case, meanwhile, received approval for fees totalling some $100m, estimating 290,000 hours on the case, and argued that they should ...
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