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M. Continuo

Deutsche Bahn seeks 1.2 billion euros in damages from cargo airlines


    BERLIN (Reuters) - German state-controlled rail company Deutsche Bahn [DBN.UL] said on Monday it was filing for a total of 1.2 billion euros ($1.5 billion) in damages in Germany 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 [MART.UL] and All Nippon Airways <9202.T>.

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

    (The story corrects headline and lead to show Deutsche Bahn is seeking 1.2 billion euros in damages in Germany, not 1.5 billion.)

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