China Airlines to pay in price-fixing probe

China Airlines to pay in price-fixing probe    China Airlines has agreed to pay $40 million for its role in an ever-widening investigation into air cargo price fixing.
   The U.S. Justice Department said this week that the Taiwan-based airline would plead guilty to a single felony count in connection with price fixing from 2001 to 2006, according to a Reuters report.
   The investigation has swept up 18 airlines and garnered $1.6 billion fines, with four executives sentenced to prison. Investigators in Australia and the European Union have also prosecuted airlines in the same probe.