Apparently it's not just airline passengers getting slapped with criminal charges these days. Former SAS cargo executive Timothy Pfeil is turning state's in an investigation into a conspiracy by airlines to violate antitrust rules. A plea agreement will have him serve six months in exchange for help in further investigations into how numerous airlines illegally worked together to fix prices on air cargo.
He's not the first executive to face prison time, either. In May, former Qantas cargo VP Bruce McCaffrey pleaded guilty and was sentenced to eight months for price fixing.
Whole airlines, too, have been snagged by the Feds in the conspiracy investigation, among them British Airways, Japan Airlines, Cathay Pacific and Air France-KLM.
Lesson learned: Don't let anyone tell you these companies aren't at least a little bit shady!
Related Stories:
· DOJ Press Release on the Pleas [Official Site]
· SAS Exec Faces Jail in US [UK Travel Weekly]
· Timothy Pfeil [LinkedIn]
· Crime coverage [Jaunted]
[Photo: mgus]]]>