MASkargo

Type: Company
Name: MASkargo
First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Final airline to settle in air cargo case

New Zealand’s high court recently approved the settlement agreement between Air New Zealand and the New Zealand Commerce Commission which resolves long standing proceedings brought by the Commission against a number of airlines in 2008. Under the agreement, ... [Published Transport Journal - Jun 18 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

Airlines price fixing penalty $42m

The Commerce Commission says the penalties imposed on Air New Zealand and other airlines in the air cargo cartel case should be a deterrent to breaking price-fixing rules. Air New Zealand - which still faces action across the Tasman - is the last airline ... [Published Big News Network - Jun 14 2013]
First reported Jun 13 2013 - Updated Jun 14 2013 - 5 reports

Air New Zealand fined for international freight cost fi...

New Zealand's national carrier on Thursday was ordered to pay a penalty of 7.5 million NZ dollars (5.96 million U.S. dollars) for its role in an international price- fixing cartel that jacked up air cargo prices into the country.The High Court approved ... [Published Trans Reporter - Jun 14 2013]
First reported Jun 12 2013 - Updated Jun 12 2013 - 1 reports

Scoop Business: Air NZ Backs Down On Challenge To Cargo Suit

June 5 (BusinessDesk) Air New Zealand, the only one of 11 airlines not to settle an antitrust suit over cargo with the Commerce Commission, has withdrawn a court challenge to the settlement deal.Air NZ backs down on challenge to cargo suit against re ... [Published Scoop - Jun 12 2013]
First reported Jun 06 2013 - Updated Jun 07 2013 - 4 reports

Air NZ settles with Commerce Commission

After protesting its innocence since the regulator first accused it of cartel activity, New Zealand's Air New Zealand - the only one of 11 airlines that had not already settled an antitrust suit over cargo with the Commerce Commission - has withdrawn ... [Published Aircargo Asia Pacific - Jun 07 2013]
First reported Jun 06 2013 - Updated Jun 06 2013 - 1 reports

Beginning of the end for NZ airline cartel blitz

Less than a month after Air New Zealand called for “common sense to prevail” in the long-running air cargo cartel allegations case pursued vigorously by the NZ Commerce Commission, the two parties have come to an agreement for settling the proceeding ... [Published Aircargo Asia Pacific - Jun 06 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 3 reports

Air New Zealand agrees to settle international cartel charges with commerce watchdog

New Zealand's anti-trust watchdog announced Wednesday that it is close to ending a long- running cartel investigation by agreeing a settlement deal with the national carrier, the last of 11 international airlines to settle for their role in a cargo price-fixing ... [Published Global Times - Jun 05 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

MASKargo in pricing row

Malaysia's Ministry of International Trade and Industry (MITI) and Ministry of Transport (MoT) reportedly are investigating higher Malaysia Airlines Cargo (MASKargo) shipping and handling fees after the Airfreight Forwarders Association of Malaysia (AFAM) ... [Published Aircargo Asia Pacific - Jun 05 2013]
First reported May 17 2013 - Updated May 18 2013 - 2 reports

MASkargo’s business plan gets MAS’ support

SUBANG, May 17 — National carrier Malaysia Airlines System (MAS) is fully supportive of its subsidiary MASkargo Sdn Bhd’s initiatives in carrying out its three-thrust business plan this year. MAS group chief executive officer Ahmad Jauhari Yahya said ... [Published The Malaysian Insider :: Business - May 17 2013]
First reported May 02 2013 - Updated May 02 2013 - 2 reports

PAS candidate’s representative claims trial to locking ballot boxes

PORT DICKSON, May 2 – A representative of a PAS candidate contesting a state seat under the Telok Kemang parliamentary constituency claimed trial in a magistrate’s court here today, to locking nine ballot boxes at the polling centre in the Army Basic ... [Published The Malaysian Insider - May 02 2013]
Entities: Ballot Boxes, MASkargo
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

MASkargo ready to tap into growing foreign markets by 2015

SUBANG, April 30 — MASkargo Sdn Bhd is ready to capture the majority of air freight business in the growing markets worldwide by 2015, with the completion of upgrading works at its warehouse and terminal, Chief Executive Officer Mohd Yunus Idris said. ... [Published The Malaysian Insider - Apr 30 2013]
Entities: MASkargo, collaboration
First reported Apr 22 2013 - Updated Apr 23 2013 - 3 reports

Three Asian airlines fined for New Zealand cargo cartel

WELLINGTON, April 22 (Xinhua) -- Three major international airlines have been penalized a total of 9.6 million NZ dollars (8. 06 million U.S. dollars) for operating a cartel on cargo flown into New Zealand, the country's Commerce Commission announced ... [Published Xinhua News Agency - Apr 22 2013]

Quotes

...Air New Zealand also agreed to pay a contribution towards the costs of the case and the Commission's investigation. "The Commission is very pleased to have resolved this significant case in its entirety. Price fixing is unlawful and the penalties imposed in the airair cargo case should be a deterrent to others who might breach the Commerce Act. The penalties are also a reminder to companies that it is important to have effective compliance programmes in place to prevent anti-competitive behaviour" said Commerce Commission Chairman Dr Mark Berry
...A principal, Brooke Dellavedova, said settlement with the Commerce Commission was "further confirmation that airlines acted illegally and the businesses affected want their money back"
In a statement, Air NZ said it acknowledged that "in the context of the definition of air cargo 'markets in New Zealand' adopted by the Court in 2011, Air New Zealand should have obtained regulatory approval from the Ministry of Transport in New Zealand [for the understandings]"
"The visitors to our booth were mainly from the shipping industry and the freight-forwarding sector, mostly European companies looking for partners in Malaysia and the Asean region."

More Content

All (36) | News (31) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (5)
sort by: Date | Relevance
Air New Zealand final airline to settle with Co... [Published Noodls - Jun 18 2013]
Final airline to settle in air cargo case [Published Transport Journal - Jun 18 2013]
Airlines price fixing penalty $42m [Published Big News Network - Jun 14 2013]
Airlines' price fixing penalty $42m [Published New Zealand Herald - Jun 14 2013]
Air New Zealand fined for international freight... [Published Trans Reporter - Jun 14 2013]
Air NZ final airline to settle price-fixing pen... [Published GCTL8.com - Jun 14 2013]
Air Freight Cartel Affair Finally Settled as La... [Published Handy Shipping Guide - Jun 13 2013]
Air New Zealand fined for international cargo p... [Published Xinhua News Agency - Jun 13 2013]
Air New Zealand to pay $7.5m fine in cartel case [Published stuff.co.nz - Jun 13 2013]
Air NZ Final Airline to Settle with Commerce Co... [Published Scoop - Jun 13 2013]
Scoop Business: Air NZ Backs Down On Challenge ... [Published Scoop - Jun 12 2013]
Malaysian Logistics Firms Satisfied With Debut ... [Published Bernama - Jun 10 2013]
Air NZ cartel penalty sets record [Published National Business Review - Jun 07 2013]
Air NZ settles with Commerce Commission [Published Aircargo Asia Pacific - Jun 07 2013]
Air NZ fine could reach $7.5 million [Published Marlborough Express - Jun 07 2013]
ComCom wants Air NZ to pay $7.5m in price-fixin... [Published National Business Review - Jun 07 2013]
Court urged to fine Air NZ $7.5m [Published New Zealand Herald - Jun 06 2013]
Beginning of the end for NZ airline cartel blitz [Published Aircargo Asia Pacific - Jun 06 2013]
Air New Zealand agrees to settle international ... [Published Global Times - Jun 05 2013]
Price-fixing case: Air NZ agrees to settle [Published New Zealand Herald - Jun 05 2013]
Air NZ backs down on cargo suit challenge [Published National Business Review - Jun 05 2013]
MASKargo in pricing row [Published Aircargo Asia Pacific - Jun 05 2013]
MASkargo’s business plan gets MAS’ support [Published The Malaysian Insider :: Business - May 17 2013]
MASkargo’s business plan gets MAS’ support [Published The Malaysian Insider - May 17 2013]
PAS candidate’s representative claims trial to ... [Published The Malaysian Insider - May 02 2013]
PAS candidate’s representative claims trial to ... [Published The Malaysian Insider :: Malaysia - May 02 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published EON Manufacturing - Apr 30 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published EON Transportation - Apr 30 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published EON Energy - Apr 30 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published EON: Enhanced Online News - Apr 30 2013]
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MASkargo Expands PROS Relationship with Big Dat... [Published EON Manufacturing - Apr 30 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published EON Transportation - Apr 30 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published EON Energy - Apr 30 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published EON: Enhanced Online News - Apr 30 2013]
MASkargo Expands PROS Relationship with Big Dat... [Published Business Wire Technology News - Apr 30 2013]
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