Air Caraïbes and Air Antilles Fined €14.5 Million for Price-Fixing on Regional Flights
France's competition authority penalized the airlines for colluding on ticket prices between 2015 and 2019, impacting inter-island travel in the French Caribbean.
- Air Caraïbes received the largest fine of €13 million, while Air Antilles' former parent company, K Finance, was fined €1.5 million.
- The price-fixing agreements spanned multiple years and affected routes connecting Pointe-à-Pitre, Fort-de-France, Saint-Martin, Sainte-Lucie, and Saint-Domingue.
- The collusion included shared pricing grids and agreements to limit competition, leading to significant ticket price increases, particularly after Hurricane Irma in 2017.
- The competition authority highlighted the severe impact on residents of the French Caribbean, who had limited transportation options and faced inflated costs.
- Air Caraïbes acknowledged the decision and is reviewing potential legal responses, while Air Antilles, now partially revived under new ownership, avoided direct penalties due to its prior liquidation.