El Al Israel Airlines reported last week that the US Federal Court for the District of Columbia had subpoenaed the airline as part of an investigation by the US Department of Justice Antitrust Division.
In February a number of major airlines worldwide were raided by their governments' anti-trust authorities in a probe over price fixing. At the center of the probe is the method airlines use to impose surcharges for fuel and security. U.S Justice Department officials were reportedly involved in an "industry wide" inquiry into "possibly anticompetitive practices" in the air cargo industry.
Industry circles noted that the following airlines had been raided or contacted by authorities: Air France/KLM, American Airlines, British Airways, Cathay Pacific Airways, Japan Airlines, Korean Air Lines, Lufthansa, Scandinavian Airlines, Singapore Airlines and United Airlines. Officials of the various investigating agencies reportedly conducted employee interviews and examined documents.
It is understood that El Al officials have been summoned to appear before a grand jury on November 1.
US investigating El Al over price fixing
El Al Israel Airlines reported last week that the US Federal Court for the District of Columbia had subpoenaed the airline as part of an investigation by the US Department of Justice Antitrust Division
02.10.06 / 00:00
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