Air New Zealand admitted liability for understandings relating to fuel and security surcharges, for cargo flown in and out of New Zealand. They joined a group of other airlines who had already settled.
Air New Zealand was among the 13 airlines the Commission filed proceedings against in December 2008, alleging airlines colluded to impose fuel and security surcharges for air cargo shipments to and from New Zealand, the settlement figure for Air New Zealand was $7.5million.
The Commerce Commission stated that the penalties were a reminder to companies that it is important to have effective compliance programmes in place to prevent anti-competitive behaviour.