Every month, we here at FRS are hand selecting a class action to feature. This month’s class action is none other than Air Cargo Canada.
Air freight shipping is one of the most efficient methods by which to transfer goods from location to location. Businesses today may use air freight shipping services as a means of shipping bulk product or other precious cargo as fast as possible to their destination. However, many may be unaware of an ongoing class action. The defendants below had allegedly colluded to fix prices of these services. If your business had purchased Airfreight Shipping Services in Canada from January 1, 2000 through September 11, 2006, you may be eligible to participate in the approximately $16 MILLION (CDN)* in new funds recovered in class action settlements.
The Defendants include:
1) Asiana Airlines, Inc.; Atlas Air Worldwide Holdings, Inc.; Cargolux Airlines
International S.A.; Cathay Pacific Airways, Ltd.; Deutsche Lufthansa AG;
Japan Airlines International Co., Ltd.; Koninklijke Luchtvaart Maatschappij
N.V. (KLM); Korean Airlines Co., Ltd.; Lan Airlines, S.A. (Lan Chile); Lan
Cargo, S.A.; Lufthansa Cargo AG; Martinair Holland N.V.; Polar Air Cargo,
Inc.; Qantas Airways Limited; Royal Dutch Airlines, Scandinavian Airlines
System; Singapore Airlines Cargo PTE, Ltd.; Singapore Airlines, Ltd.; Société
Air France; and Swiss International Air Lines, Ltd. (the “First Round Settling
2) Air Canada and British Airways PLC (“British Airways”) (collectively, the
“Second Round Settling Defendants”)
Lawsuits were filed in Ontario, British Columbia and Quebec alleging that the Defendants participated in an unlawful conspiracy to fix prices of Airfreight Shipping Services. Since then, the class has reached settlements with the Defendants in the total amount of $45.6 million (CDN).