Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Banking Awards
    • Banking Innovation Awards
    • Digital Banking Awards
    • Finance Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    • Financial Awards
    • Private Banking Awards
    • Private Banking Innovation Awards
    • Retail Banking Awards
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >EU top court rejects Air France, others' fight against EU cargo cartel fine
    Finance

    EU Top Court Rejects Air France, Others' Fight Against EU Cargo Cartel Fine

    Published by Global Banking & Finance Review®

    Posted on February 26, 2026

    2 min read

    Last updated: April 2, 2026

    Add as preferred source on Google
    EU top court rejects Air France, others' fight against EU cargo cartel fine - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:European Union

    Quick Summary

    On Feb 26, 2026, the EU Court of Justice largely upheld €776m air cargo cartel fines, rejecting appeals by Air France-KLM, British Airways and others. Only SAS Cargo won a partial cut due to a calculation error.

    EU's top court rejects airlines' bid to overturn cargo cartel fines

    EU Court Ruling on Air Cargo Cartel

    BRUSSELS, Feb 26 (Reuters) - Europe's top court on Thursday rejected Air France KLM, British Airways and almost all of their peers in their fight against fines totalling 776 million euros levied by EU antitrust regulators nine years ago for taking part in an air cargo cartel.

    Appeals Outcome and SAS Exception

    "The Court of Justice rejects almost all of the arguments put forward by the airlines. Only the appeal brought by SAS Cargo Group is upheld in part, on the grounds of errors made by the General Court in calculating the amount of the fine imposed on that airline", the Luxembourg-based court said in a statement.

    2017 Reissued Fines: Background

    The European Commission, which acts as the EU competition enforcer, in 2017 reissued the fines to 11 airlines for taking part in the cartel, after a lower tribunal scrapped its first total fine of 799 million euros imposed in 2010 due to a procedural error.

    Cases and Parties Involved

    The cases are C-367/22 P Air Canada v Commission, C-369/22 P Air France v Commission, C-370/22 P Air France-KLM v Commission, C-375/22 P LATAM Airlines Group and Lan Cargo v Commission, C-378/22 P British Airways v Commission, C-379/22 P Singapore Airlines and Singapore Airlines Cargo v Commission, C-380/22 P Deutsche Lufthansa and Others v Commission, C-381/22 P Japan Airlines v Commission, C-382/22 P Cathay Pacific Airways v Commission, C-385/22 P Koninklijke Luchtvaart Maatschappij v Commission, C-386/22 P Martinair Holland v Commission, C-401/22 P Cargolux Airlines v Commission and C-403/22 P SAS Cargo Group and Others v Commission.

    Report and Attribution

    (Reporting by Foo Yun Chee, Editing by Charlotte Van Campenhout)

    References

    • EU court confirms $910 mn cargo cartel fines for 13 airlines – ch‑aviation
    • Press Release No 21/26 – Court of Justice judgments in airfreight cartel cases
    • Competition and Regulatory Newsletter: Court of Justice upholds airfreight cartel fines – Slaughter and May

    Table of Contents

    • EU Court Ruling on Air Cargo Cartel
    • Appeals Outcome and SAS Exception
    • 2017 Reissued Fines: Background
    • Cases and Parties Involved
    • Report and Attribution

    Key Takeaways

    • •CJEU rejects most airline appeals against EU cargo cartel fines.
    • •SAS Cargo wins a partial reduction due to a fine-calculation error.
    • •European Commission reissued €776m in fines in 2017 after a 2010 procedural annulment.
    • •Air France-KLM, British Airways, Singapore Airlines and others were among appellants.
    • •Ruling reinforces strict EU antitrust enforcement on 1999–2006 price fixing.

    Frequently Asked Questions about EU top court rejects Air France, others' fight against EU cargo cartel fine

    1What is the main topic?

    Europe’s top court largely upheld EU air cargo cartel fines, rejecting most airline appeals while granting SAS Cargo a partial reduction due to a calculation error.

    2Which airlines were affected?

    Appellants included Air France-KLM, British Airways, Singapore Airlines, Lufthansa, Air Canada, Cathay Pacific, Japan Airlines, LATAM/LAN Cargo, Cargolux, Martinair and SAS Cargo.

    3How much were the fines?

    The European Commission reimposed fines totaling €776 million in 2017 after its 2010 decision was annulled on procedural grounds.

    More from Finance

    Explore more articles in the Finance category

    Image for Nutella-maker Ferrero aware of EU inspections, says it is cooperating
    Nutella-Maker Ferrero Aware of EU Inspections, Says It Is Cooperating
    Image for Germany's TKMS, Spain's Navantia to explore strategic cooperation
    Germany's Tkms, Spain's Navantia to Explore Strategic Cooperation
    Image for Robots, drones could slash global food delivery costs to $1 per order, Barclays says
    Robots, Drones Could Slash Global Food Delivery Costs to $1 per Order, Barclays Says
    Image for Monte dei Paschi investors vote to settle CEO contest
    Monte Dei Paschi Investors Vote to Settle CEO Contest
    Image for EU warns of prolonged energy shock, forced cuts if Iran war continues
    EU Warns of Prolonged Energy Shock, Forced Cuts if Iran War Continues
    Image for Recruiter Robert Walters posts smaller fee drop as hiring improves
    Recruiter Robert Walters Posts Smaller Fee Drop as Hiring Improves
    Image for FranceAgriMer keeps non-EU soft wheat export outlook unchanged
    FranceAgriMer Keeps non-EU Soft Wheat Export Outlook Unchanged
    Image for Russia's security service says it busted $13 billion VAT fraud crime ring
    Russia's Security Service Says It Busted $13 Billion Vat Fraud Crime Ring
    Image for UK government hands Boeing $1 billion military helicopter contract
    UK Government Hands Boeing $1 Billion Military Helicopter Contract
    Image for Serbia's president tells military to create units armed with attack drones
    Serbia's President Tells Military to Create Units Armed With Attack Drones
    Image for German pilots union says Lufthansa has rejected arbitration offer in wage dispute
    German Pilots Union Says Lufthansa Has Rejected Arbitration Offer in Wage Dispute
    Image for Italy's Enel to hire 1,000 workers at power distribution unit, unions say
    Italy's Enel to Hire 1,000 Workers at Power Distribution Unit, Unions Say
    View All Finance Posts
    Previous Finance PostSetback for Meta as Court Adviser Backs EU Regulators in Data Spat
    Next Finance PostECB Sees No Wave of AI-led Layoffs Yet, Lagarde Says