. Military Space News .




.
AEROSPACE
South Africa, Singapore airlines fined for price-fixing
by Staff Writers
Johannesburg (AFP) March 26, 2012


South African Airways and Singapore Airlines have been fined several million dollars for price-fixing on routes between Johannesburg and Hong Kong, the anti-trust authority said Monday.

SAA was fined 18.8 million rands ($2.5 million, 1.9 million euros) and Singapore Airlines 25.1 million rands, the Competition Commission said in a statement.

The settlement will also resolve a separate case against SAA, which was accused of collusion over domestic fares and international cargo charges during the 2010 football World Cup, it said.

"SAA has offered its full cooperation to the commission in its ongoing investigations and prosecution of both the matters," the statement said.

"Similarly, Singapore Airlines undertook to do the same with regards to the Far East matter."

The decision made no separate finding against South African Airways in the World Cup case but the fine will settle the matter, it added.

Related Links
Aerospace News at SpaceMart.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



AEROSPACE
Asia gets new budget airline eyeing Chinese flyers
Sydney (AFP) March 26, 2012
Australian flag carrier Qantas and China Eastern Airlines said Monday they will launch a new Hong Kong-based budget airline next year aimed at cashing in on China's booming aviation market. The new low-cost Asian carrier, Jetstar Hong Kong, will fly short-haul routes, including in China, Japan, South Korea and Southeast Asia, the partners announced. The move marks a major expansion of Je ... read more


AEROSPACE
S. Korea to shoot down N. Korea rocket if it strays

Congress seeks more U.S. aid for Iron Dome

Northrop Grumman Awarded for Missile Defense C2BMC Contract

Newest US Missile Warning Satellite Exceeding Performance Expectations

AEROSPACE
Tucson site is largest Raytheon facility to receive a superior rating

Lockheed Martin Upgrades Tactical Tomahawk Weapons Control System for Naval Air Systems Command

Raytheon Wins $77.9 Million US Army Missile Subsystem Support Contract

Raytheon Awarded US Army Contract to Counter Rockets

AEROSPACE
NRL Tests Robotic Fueling of Unmanned Surface Vessels

Russia to build mini drone

Israel assesses eye-in-the-sky platforms

Drones may be controlled by gestures

AEROSPACE
Raytheon to Continue Supporting Coalition Forces' Information-Sharing Computer Network

Northrop Grumman Wins Contract for USAF Command and Control Modernization Program

TacSat-4 Enables Polar Region SatCom Experiment

'See Me' satellites may help ground forces

AEROSPACE
Embraer selects AdaCore for jet upgrade

US Army reviews mental health diagnoses

Peru upgrades air defense with $140M plan

Ethical considerations of military-funded neuroscience

AEROSPACE
Brazil's Rousseff to weigh French jet buy in India

Delhi boosts military spending 17 percent

Prison sentence for espionage scientist

Dassault says profit rises 10%, confident on fighter sales

AEROSPACE
Obama to meet Hu after blunt words on North Korea

Lavrov: Putin, Obama to meet in May

Ex-spy boss may spill Gadhafi's secrets

Outside View: A bodyguard of lies

AEROSPACE
New technique lets scientists peer within nanoparticles

Quantum plasmons demonstrated in atomic-scale nanoparticles

3D-Printer with Nano-Precision

Nano spiral staircases modify light


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement