Page last updated at 15:05 GMT, Tuesday, 11 March 2008

Price-fixing probe hits airlines

Lufthansa logo on the tails of its planes
Lufthansa said it was co-operating fully with the European Commission

Several international airlines have been raided by European Commission officials investigating price-fixing on flights between Europe and Japan.

Germany's biggest airline Lufthansa confirmed that its offices in Frankfurt had been searched.

Sources at Alitalia quoted by Reuters said that the Italian flag-carrier had also been raided.

Surprise searches happen at an early stage in investigations and do not imply any wrongdoing by the companies.

A statement from the Commission simply confirmed that it had, "carried out unannounced inspections at the premises of a number of international airline passenger carriers".

It is not clear, how many other airlines are under suspicion.

Lufthansa explained the motive behind the raid on its offices.

"The Commission has information that passenger aviation companies including Lufthansa in Europe and in Japan may have taken part in anti-competitive price fixing and collusive behaviour in traffic between the EU and Japan," Lufthansa said in a statement.


SEE ALSO
BA and Virgin to pay out refunds
15 Feb 08 |  Business
BA accused over air cargo cartel
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Qantas admits cargo price fixing
27 Nov 07 |  Business
US judge upholds BA's $300m fine
23 Aug 07 |  Business
All Nippon Airways raided by FBI
16 Mar 07 |  Business
Lufthansa settles price fix claim
12 Sep 06 |  Business


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