Aviation

Tribunal stays CCI fines on IndiGo, SpiceJet

DELHI

Competition Appellate Tribunal on Tuesday stayed penalties totalling Rs.106 crore imposed by fair trade watchdog Competition Commission of India (CCI) on leading airlines IndiGo and SpiceJet for alleged cartelisation in fixing fuel surcharge on air cargo.

The tribunal’s decision follows appeals filed by the two airlines against the CCI order passed in November 2015, reports Mint. Penalties of Rs.63.74 crore and Rs.42.48 crore were imposed on InterGlobe Aviation and SpiceJet, respectively. InterGlobe runs budget airline IndiGo.

Staying the CCI order, the tribunal said it would hear the matter next in March. Besides InterGlobe and SpiceJet, CCI had also penalised Jet Airways for concerted action in fixing and revising fuel surcharge (FSC) for transporting cargo.

The three airlines were also directed to cease and desist from indulging in anti-competitive practices. CCI’s order followed a complaint filed by Express Industry Council of India, which had alleged that the five airlines indulged in anti-competitive practices.

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