Former Exec Gets Longest Prison Sentence to Date for Air Cargo Price Fixing
The Department of Justice reports that the former senior vice president of cargo sales and marketing for a Dutch airline has been sentenced to 14 months in prison and a $20,000 criminal fine for her role in a long-running air cargo price-fixing conspiracy. The DOJ states that a total of 22 airlines and 21 executives have been charged in this investigation and that more than $1.8 billion in criminal fines have been imposed and eight executives have been sentenced to prison time.
According to a DOJ press release, the former executive pleaded guilty to conspiring with others to suppress and eliminate competition by fixing and coordinating fuel and other surcharges for air cargo shipments. These shipments included heavy equipment, perishable commodities, and consumer goods destined for U.S. consumers and shipped by U.S. producers.