Air France (AF, Paris CDG) and KLM Royal Dutch Airlines (KL, Amsterdam Schiphol) parent Air France-KLM has agreed to pay approximately 5.3 million EUR to Brazil's Conselho Administrativo de Defesa Econômica (CADE) for the involvement in a cargo cartel. According to statements made by CADE, Air France-KLM and two other people involved in the cartel have pleaded guilty and agreed to pay the fines set based on the higher revenues generated as a result of price fixing.