Northwest Airlines agrees to price fixing

Northwest Airlines-NWA (Minneapolis/St. Paul), now merged into Delta Air Lines (Atlanta), has agreed to plead guilty and pay a $38 million fine for conspiring to fix cargo prices according to this report by Reuters.

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Copyright Photo: Michael B. Ing. Now gone, NWA Cargo’s Boeing 747-251B (F) N632NW (msn 23112) climbs gracefully at Anchorage.