Martinair Executive Indicted for Price Fixing

Martinair Executive Indicted for Price Fixing

An Atlanta grand jury Tuesday indicted Martinair Holland senior vice president Maria Christina Ullings for conspiracy to fix air cargo prices.

Ullings faces charges that she took part in a scheme to fix fuel surcharges and other prices for international air shipments between January 2001 and February 2006.

By The Numbers: Jet Fuel Prices at NY Harbor.

If convicted, she faces as much as 10 years in prison and a $1 million fine.

The U.S. Justice Department's ongoing investigation of the air cargo industry so far has yielded indictments against 17 airlines and eight executives. Four executives have been sentenced to prison time, and courts have levied more than $1.6 billion in criminal fines.

-- Contact Thomas L. Gallagher at tgallagher@joc.com.