The NZ High Court ordered further penalties in the air cargo cartel proceedings, bringing the total penalties in the proceedings to over $35 million.  These penalty judgments were against Cathay Pacific Airways Ltd in the amount of $4.3 million, Thai Airways International PLC in the amount of $2.7 million), and MASkargo System Berhad Ltd in the amount of $2.6 million. 

Cathay admitted liability for agreeing fuel and security surcharges for cargo flown from India to New Zealand, and did not dispute agreeing fuel and security surcharges for the Singapore to New Zealand cargo route to New Zealand.

Thai admitted liability for agreeing fuel and security surcharges in Indonesia and Malaysia for cargo flown to New Zealand.

MASkargo admitted liability for agreeing fuel and security surcharges in Indonesia and Switzerland for cargo flown to New Zealand.

See Commerce Commission media release.