Cathay Pacific Airways Ltd said that it had appealed against the European Commission's decision to fine the Hong Kong carrier 57.12 million euro ($78 million) for cargo price-fixing.

"The appeal was filed with the General Court of the European Union, and follows an appeal Cathay Pacific filed in the Seoul High Court in December 2010 challenging a similar decision by the Korean Fair Trade Commission," Cathay said in a statement.

Cathay and 10 other international airlines, including Air France-KLM and British Airways Plc , were fined a total of 799 million euros last November by EU antitrust regulators for fixing cargo prices. (Reuters)