OREANDA-NEWS. Cargolux Airlines International S.A. welcomes the decision of the General Court of the European Union delivered today, annulling articles 1 to 5 of the European Commission’s 2010 decision in the alleged air freight cartel, including the full annulment of the €79.9 million fine previously levied on Cargolux.

Cargolux will conduct a detailed analysis of the Court’s decision.

In November 2010, Cargolux and a number of other airlines were fined by the European Commission for their participation in an alleged cartel in airfreight, following investigations initiated by the European Commission on 14 February 2006.