Against the odds: Goodbye 2021, hello 2022 – the year of force majeure
Pay more and wait longer in 2022
Air New Zealand and Garuda Indonesia’s hopes of overturning a 2016 ruling that they colluded on implementing cargo surcharges has been dealt a near fatal blow, with the Australian High Court rejecting their appeal. Fifteen carriers were caught up in the legal action, which was initially dismissed in 2014 before a ruling last year held in favour of the Australian Competition and Consumer Commission (ACCC). National Business Review notes the remaining 13 carriers have already ready settled the A$98.5m in fines laid down by the court.