SIA and 7 other carriers reach settlement in price-fixing lawsuit
They agree to pay US$39.5 million in total to settling fund; suit continues against 5 other airlines
Nisha Ramchandani
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SETTLEMENTS have been reached with eight airlines - including Singapore Airlines (SIA) - in a class action lawsuit related to price-fixing of tickets for trans-Pacific flights.
According to a legal notice on the website airlinesettlement.com, the eight airlines are Air France, Cathay Pacific, Japan Airlines, Malaysia Airlines, Qantas, SIA, Thai Airways and Vietnam Airlines. Meanwhile, the lawsuit is said to be continuing against five non-settling airlines - namely Air New Zealand, All Nippon Airways (ANA), China Airlines, Eva Airways and Philippines Airlines.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance