A Garuda Indonesia Airbus A330-200 (Photo: byeangel from Tsingtao, China (Garuda Indonesia Airlines Airbus A330-243 PK-GPI) [CC BY-SA 2.0 (], via Wikimedia Commons)

Garuda Indonesia Drops Appeal, Will Pay $15 Million Fine

The Australian Federal court has approved a payment plan for Garuda Indonesia after ordering the airline to pay a 19 million Australian dollar ($14.7 million) penalty in relation to a prior price-fixing case after the Indonesian flag carrier dropped its appeal against the initial penalty levied a couple of years ago. Between the years of 2008 and 2010, the Australian Competition and Consumer Commission (ACCC) proceeded to take legal action against 15 airlines globally under the then Trade Practices Act…