FBI: Singapore Airlines Cargo Pleaded Guilty to Price Fixing on Air Cargo Shipments, Agrees to Pay $48 Million Criminal Fine

Federal Bureau of Investigation, 30 Nov 2010WASHINGTON—Singapore Airlines Cargo Pte Ltd. has agreed to plead guilty and to pay a $48 million criminal fine for its role in a conspiracy to fix prices in the air transportation industry, the Department of Justice announced today.According to a one-count felony charge filed today in U.S. District Court for the District of Columbia, Singapore-based