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The cargo divisions of India’s Jet Airways, IndiGo and SpiceJet are contesting fines for fixing fuel surcharges.
Jet was fined $22.9m, Indigo $9.6m and SpiceJet $6.4m – about 1% of turnover – after an investigation by the Competition Commission of India (CCI).
The probe followed a complaint in 2013 by the Express Industry Council of India, representing 29 parcel transport firms. The commission noted: “The airlines acted in parallel in collusion in fixing fuel surcharge rates [FSCs]. Such conduct was found to ...
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