Air New Zealand has welcomed the decision by the New Zealand Commerce Commission (NZCC) to discontinue proceedings against individual employees of its cargo business.
“This has been an incredibly stressful period in the lives of our people, and I have been saddened to see the needless impact it has had on these hard-working employees, not to mention the millions of dollars of taxpayers’ funds spent to get to this point,” said Air New Zealand’s General Counsel, John Blair.
“We have maintained from the start of the Commission’s investigation more than five years ago that neither the airline nor our employees had committed any breach of the Commerce Act and we remain firmly of that view. The Commission has yet to produce any evidence to the contrary despite the enormous resources it has deployed,” he added.
The case against the Air NZ executives is part of the on-going case alleging that airlines acted as a cartel, fixing the price of air cargo. Air New Zealand has been implicated in the case, along with Qantas, Singapore Airlines, Cathay Pacific, JAL, Korean Air, THAI and several other carriers.
Air NZ recently successfully defended its position in a European Commission investigation, and was also last year cleared following a similar investigation by the Korean Fair Trade Commission. It is still defending itself however, in cases in Australia and New Zealand.