Relief for Indian cargo carriers in 'overcharging' case

© Abhishek Singh

Three Indian airlines have had their appeal against a fine for overcharging cargo customers allowed. Jet Airways 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 ...