August 20 2007
US consumers have filed a class action lawsuit against the airline for allegedly fixing the price on passenger and cargo flights. The lawsuit was filed in Seattle District Court after Korean Air agreed to pay the US Justice Department a $300 million fine for price fixing. The case was filed on behalf of all those who purchased a ticket on Korean Air from January 1, 2000 through July 16, 2006.
The carrier is accused of conspiring with competitors to raise fares on international cargo flights and raising fares on some passenger flights linking Korea and the US.
Korean Air Price Fixing Articles
Korean Air Price Fixing: Agreed to pay $300 million to US
Korean Air Co. apologized to the US Justice Department last month and agreed to pay US $300 million in fines after the department's antitrust investigation of the air transport industry and Korean air price fixing.
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Last updated September 27 2007
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