Rotten Company

ANA operating company agreed to plead guilty and pay $73 million for air-cargo and passenger-fare price fixing

Company: ANA HOLDINGS INC.

Summary

On November 1, 2010, All Nippon Airways Co., Ltd., now the principal airline company within ANA HOLDINGS INC., agreed to plead guilty and pay a $73 million criminal fine for two price-fixing conspiracies. DOJ charged cargo-rate coordination from April 1, 2000 through February 14, 2006 and unpublished passenger-fare coordination during part of the same era. The plea agreement was subject to court approval. This record attributes the conduct to the operating airline, not to a separate conviction of the holding company formed later. Primary source: https://www.justice.gov/sites/default/files/atr/legacy/2010/11/01/263643.pdf