Pursuits
Air France-KLM, BA Among Airlines Fined $1.1 Billion
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Air France-KLM Group and British Airways Plc were among 11 carriers fined a total of 799.4 million euros ($1.1 billion) by European Union regulators for coordinating air-cargo fuel and security surcharges.
Air France and its units got the biggest penalty of 339.6 million euros and British Airways was fined 104 million euros, the European Commission said yesterday. Air France-KLM, Europe’s largest airline, and British Airways are recovering from record losses in 2009 when the financial crisis ravaged sales.