HomeNewsBusinessWire NewsCompat stays CCI's Rs 151 crore fine on Jet Airways

Compat stays CCI's Rs 151 crore fine on Jet Airways

The tribunal's decision follows an appeal filed by the airline against the CCI order passed in November 2015.

February 23, 2016 / 08:18 IST
Story continues below Advertisement

Competition Appellate Tribunal stayed CCI's penalty of Rs 151.69 crore imposed on Jet Airways for alleged cartelisation in fixing fuel surcharge on air cargo.

The tribunal's decision follows an appeal filed by the airline against the CCI order passed in November 2015.

Story continues below Advertisement

Competition Commission of India (CCI) had slapped a total fine of Rs 258 crore on three carriers, including Jet Airways.

The penalties on the two others - IndiGo and SpiceJet -- were stayed by the tribunal on February 9.