Qantas agrees to pay US$26.5 million in cargo case
Qantas has reached a settlement to resolve its liability under a class action in the United States. The class action brought against a number of airlines regarding the activities of their freight divisions started in 2006. The claim made was that several carriers conspired to fix prices on cargo routes. Under the terms of the settlement agreement, Qantas will pay US$26.5 million, which is based on the airline’s freight revenue to/from the United States. The settlement is subject to court approval. In exchange, Qantas is released from claims made by all class members who were direct purchasers of air cargo services to or from the US from January 2000 to 11 September 2006.
To date, the following airlines have reached settlement agreements: Air France/KLM (US$87 million), Lufthansa (US$85 million), Cargolux (US$35.1 million), Scandinavian Airlines (US$13.9 million), Japan Airlines (US$12 million), All Nippon Airways (US$10.4 million) and American Airlines (US$5 million).