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Air-France KLM to pay air cargo fine

  • Morton Fraser
  • -
  • France, Netherlands
  • -
  • July 30 2010

In order to settle claims for civil damages arising from price fixing in their air cargo business, Air-France - KLM and its Dutch subsidiary, Martinair, have agreed to pay out a total of $87 million

French loan guarantee scheme introduced

  • Morton Fraser
  • -
  • France
  • -
  • February 15 2010

French ship-owners have begun to use a new fund offered by the government, designed to protect them from the introduction by banks of "loan to value" clauses for the finance of newbuildings