Aviation

Three Indian airlines fined US$39m for fuel surcharge cartel

DELHI

India’s competition regulator on Tuesday (Nov 17) fined three domestic airlines a combined 2.57 billion rupees (US$39 million) for colluding to fix fuel surcharges for cargo transport.

Jet Airways, IndiGo, and SpiceJet were each hit with a penalty for “concerted action in fixing and revising Fuel Surcharge for transporting cargo”, the Competition Commission of India said in a statement, reports Channel Newsasia.

National carrier Air India and Go Airlines were also alleged to have been involved in anti-competitive practices in a complaint filed to the watchdog by the Express Industry Council of India, which represents couriers. However, those two airlines were not penalised after the regulator said it found no evidence of collusion.

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