Company Watch - Air France KLM.
Mar 17, 2008 Air France confirmed that its offices were raided this week by the European Commission as part of its investigation into alleged price-fixing practices on passenger flights between Europe and Japan. Lufthansa and KLM revealed Tuesday that they had been targeted. "Air France confirms that...

Airline Finance News - Latin America / Caribbean.
Jan 7, 2008 LAN Airlines LAN Airlines said it received a statement of objections "for possible price fixing of cargo fuel surcharges and other fees in the European and United States air cargo markets." It added that LAN Cargo was one of "25 cargo airlines"...

Hynix price fixing leads to tax break questions.
Byline: Sherri Buri McDonald The Register-Guard CORRECTION (ran 10/17/2006): The name of Pat Egan, Gov. Ted Kulongoski's chief of staff, was incorrectly spelled in a story about Hynix on Friday. In late August, Hynix announced it was embarking on the biggest upgrade of its Eugene...

ERC set to rule on P9-B PSALM claim.
Byline: Myrna M. Velasco The Energy Regulatory Commission (ERC) is set to issue ruling next month on the P9-billion claim lodged by the Power Sector Assets and Liabilities Management Corporation (PSALM) to the Wholesale Electricity Spot Market. ERC chairman Rodolfo B. Albano said their verdict...

Airline Finance News - Europe.
Mar 17, 2008 European Commission officials on Tuesday raided the offices of several international airlines operating long-haul scheduled flights to Japan in an investigation into suspected cartel activity. The Commission, Europe's top competition regulator, issued the confirmation after Lufthansa said it had been searched in a probe...

Airline Finance News - Europe.
Jan 7, 2008 Airlines throughout the world are contending with antitrust charges made at the end of 2007 by the European Commission, which has accused at least 11 and as many as 25 carriers of "cartel" activity relating to airfreight transport. In addition to British Airways, Japan...

PEMC works on establishment of futures contracts for WESM.
Byline: Myrna M. Velasco When the Wholesale Electricity Spot Market (WESM) finally reaches certain level of maturity, market operator Philippine Electricity Market Corporation (PEMC) envisions the emergence of a market for forward or futures contracts that may start next year in Luzon. Futures contracts entail...

PEMC works on establishment of futures contracts for WESM.
Byline: MYRNA M. VELASCO When the Wholesale Electricity Spot Market (WESM) finally reaches certain level of maturity, market operator Philippine Electricity Market Corporation (PEMC) envisions the emergence of a market for forward or futures contracts that may start next year in Luzon. Futures contracts entail...

Air Cargo News.
Apr 21, 2008 The amount of cargo handled by U.S. airlines has dropped to its lowest level in four years. The decline is a result of soaring fuel prices and the weaker U.S. economy. Experts note that cargo carriers are diverting freight from their planes and sending...

Watchdog challenges Hynix tax breaks.
Byline: Sherri Buri McDonald The Register-Guard A local public watchdog group is asking the Lane County tax assessor to investigate whether allegations of price fixing by the parent companies of Hynix might disqualify the local computer-chip plant from enterprise zone property tax breaks. Assessor-elect Anette...