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Air Cargo

In re: Air Cargo Shipping Services Litigation
MDL 1775, U.S.D.C., Eastern District of New York
May 2014

Between at least January of 2000 and February of 2006, major international cargo airlines from around the world conspired to inflate the price of shipping goods by air. The conspiracy increased global shipping prices, costing businesses and individuals that ship goods by air billions of dollars in damages. To date, class plaintiffs (represented by Hausfeld LLP) have obtained nearly $850 million in settlements from twenty-four defendants. 

Following raids by law enforcement agencies around the world on February 14, 2006, Hausfeld LLP attorneys filed class action lawsuits in the United States seeking to recover the damages inflicted by the conspiracy. The consolidated action, which is now pending in the Eastern District of New York, seeks damages for overcharges incurred with respect to air cargo shipments to, from and within the United States. The firm was appointed co-lead counsel for the class by the Court. In addition, due to Hausfeld LLP's foreign law expertise and European presence, the firm also was appointed foreign purchaser lead counsel.

The class has reached settlements totaling nearly $850 million with the following defendant airlines:

Defendant
Settlement Amount
Lufthansa
$85,000,000
Air France/KLM/Martinair
$87,000,000
American Airlines
$5,000,000
Japan Airlines
$12,000,000
SAS
$13,930,000
All Nippon Airways
$10,400,000
Cargolux
$35,100,000
Qantas
$26,500,000
Thai Airways
$3,500,000
British Airways
$89,512,000
Lan/ABSA
$66,000,000
Malaysia Airlines
$3,200,000
South African Airways
$3,290,000
Saudia
$14,000,000
Emirates
$7,833,000
El Al Israel Airlines
$15,800,000
Air Canada
$7,500,000
Korean Air
$115,000,000
Singapore Air
     $92,492,442
Cathay Pacific
$65,000,000
China Airlines $90,000,000
Total
     $848,357,442

The most recent settlements were reached shortly after the hearing regarding the Plaintiffs' motion for class certification. Seven additional airline defendants remain in the case: Air China, Air India, Air New Zealand, Asiana Airlines, EVA, Nippon Cargo Airlines, and Polar Air Cargo and its parent Atlas Air Worldwide Holdings.

More information and court documents can be found at the settlement websites,
www.aircargosettlement.com
www.aircargosettlement2.com
www.aircargosettlement3.com

For more information on the litigation, contact Brent Landau, Hilary Scherrer, or Melinda Coolidge.  

Practice Areas: Antitrust / Competition

 

Related News

» HAUSFELD ANNOUNCES $90 MILLION SETTLEMENT WITH CHINA AIRLINES IN AIR CARGO PRICE-FIXING LITIGATION
» Settlement Reached with El Al in Antitrust Case Against Airlines
» British Airways and LAN Airlines reach settlements in civil case
» Another $156 mln in air cargo case and Hausfeld says told ya so
» BA to Pay $89.5 Million to Settle Class Action Suit
» Qantas reaches settlement on freight cartel role
» American Airlines Agrees to Cooperate with European Shippers in Case Against Air Cargo Cartel
» Lufthansa settles price fix claim

 

Related Press Releases

» Hausfeld LLP Announces Final Approval of Nine Settlements
» Hausfeld LLP Announces $15.8 Million Settlement in Air Cargo Case
» Hausfeld LLP Announces Two Major New Settlements Totaling Over $150 Million in Air Cargo Cartel Case
» Hausfeld LLP Announces $26.5 Million Settlement With Qantas in Air Cargo Cartel Case
» BA Brings 32 Other Airlines Into Its London Air Cargo Litigation
» Air France/KLM Settles its US Air Cargo Cartel Claims for $87M but Offers its European Indirect Purchaser Victims Nothing

 

Supporting Documents

» Order re: Motions to Dismiss (PDF)
» Consolidated Amended Complaint (PDF)

 

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