Bruce McCaffrey, the former vice-president of freight for the Americas of Qantas Airways, has pleaded guilty to price-fixing charges and will serve eight months in jail and pay a US$20,000 fine.
According to charges filed in the court, McCaffrey and co-conspirators conspired to fix rates on air cargo shipments to the US from January 2000 to February 2006.
McCaffrey is the first individual to be charged out of five recent cases from a wide-ranging investigation into the air transportation industry.
McCaffrey's former employer, Qantas, pleaded guilty in January and was sentenced to pay a $61 million fine for engaging in a conspiracy to fix rates to customers in the United States and elsewhere for international air shipments.
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