Air France faces price-fixing claim

Air France-KLM faces a claim for up to €500m (£430.8m) from claimants including Ericsson and Philips over allegedly fixing the price of air cargo. A law firm representing the claimants estimated that the total damages could exceed that amount once money for the harm suffered since 2000 is taken into account. Claims Funding International said it would serve a writ on the airline today for what could be a record cartel damages case. The carrier agreed in July to pay $87m to settle civil claims in the United States.