Air France-KLM to Pay €368 Million After Losing Price-Fixing Appeal
Air France-KLM will pay €368 million in fines and interest next month. The payment ends a long-running legal battle over air cargo price-fixing. The case dates back to violations committed over two decades ago.
The European Commission first fined 13 cargo airlines in March 2017. Among them were Air France, KLM, and Martinair—all part of the Air France-KLM group. Ten other airlines, either independent or linked to the group, also faced penalties for cartel agreements in air freight.
The group challenged the decision but lost its final appeal in late February. The European Court of Justice upheld the original ruling, leaving Air France-KLM with no further legal options. The company had already reserved €366 million to cover the fines, with the total now reaching €368 million after interest.
The settlement closes a case that began with investigations into price-fixing more than 20 years ago. Air France-KLM has stated its commitment to following competition rules. The group is also reinforcing internal systems to prevent future violations.
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