Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Singapore Airlines’ cargo arm expects S$111.8m provision for FY17

byCT Report
23/03/2017
in Uncategorized
Share on FacebookShare on Twitter

SINGAPORE: Singapore Airlines (SIA) announced that its cargo arm may make a financial provision of S$111.8m for FY17 as a result of a EUR74.8m (S$113m) fine imposed by the European Commission (EC).

After having this 2010 decision voided by Europe’s second highest court in 2015 due to a procedural error, the EC last Friday re-imposed a total of EUR776m (S$1.2b) penalties on SIA and 10 other airlines for an air cargo cartel that happened more than 10 years ago.

You might also like

PIA launches special discount on flights to Toronto

16/10/2026

RCCI hosts b2b meeting with visiting Chinese delegation to promote trade

16/10/2026

Related Stories

PIA launches special discount on flights to Toronto

byCT Report
16/10/2026

ISLAMABAD: Pakistan International Airlines (PIA) has announced a 30% discount on flights from Pakistan to Toronto, Canada, for travel until...

RCCI hosts b2b meeting with visiting Chinese delegation to promote trade

byCT Report
16/10/2026

RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) organized a Business-to-Business (B2B) meeting and interactive session with a visiting...

Aurangzeb takes up Pakistan’s economic performance, credit outlook with Fitch

byCT Report
16/10/2026

BANGKOK: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and the Governor of the State Bank of Pakistan (SBP)...

DGTT foils attempt to clear restricted goods under guise of “printed, mis-printed paper rolls”

byCT Report
16/10/2026

KARACHI: Directorate General of Transit Trade (DGTT) has foiled an attempt to clear restricted and high-duty goods worth hundreds of...

Next Post

Brazil stocks higher at close of trade; Bovespa up 0.86%

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.