Cathay Pacific's fine will be 4.098 billion Korean won, or about HK$26 million ($3.34 million), it said in a statement, adding that "several" carriers had been fined by the Korean regulator.
"Cathay Pacific will review the KFTC's decision in detail with its legal counsel and explore the options available," the company said.
Korea's antitrust regulator fined a total of 19 airlines, including Japan Airlines Corp , saying they had fixed cargo shipment rates, according to media reports.
Cathay said it could not comment further as the matter is still subject to legal proceedings. (Reuters)
