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M. Continuo

Deutsche Bahn seeks 1.5 billion euros in damages from cargo airlines


    BERLIN (Reuters) - German state-controlled rail company Deutsche Bahn said on Monday it was filing for a total of 1.5 billion euros ($1.87 billion) in damages from air freight carriers that were found to have been running a cartel.

    German flagship carrier Lufthansa alone is to blame for 10-20 percent of the damage caused by the cartel, Deutsche Bahn said.

    Other carriers implicated by the suit are British Airways , Japan Airlines <9201.T>, Air France-KLM , Scandinavia's SAS , Qantas Airways , Cargolux Airlines International , Martinair Holland and All Nippon Airways <9202.T>.

    Deutsche Bahn said it was still prepared to settle the matter out of court.

    (Reporting by Matthias Sobolewski; Writing by Ludwig Burger; Editing by Maria Sheahan)