The EU is set to slap 800 million euros in fines on 13 major airlines for fixing prices on air cargo.

The news follows a scandal in which a large group of airlines made agreement to fix rates on transatlantic and other cargo routes in order to push up rates and increase profits.

Among the carriers is Air France-KLM as well as British Airways, which has seen a number of setbacks this year. Six of the airlines are based in Europe whilst several Asia-Pacific carriers are involved including Cathay Pacific, Qantas, Japan Airlines and Singapore Airlines.

Other sources say that Malaysia Airlines, Korean Airlines, Air Canada, Lufthansa, SAS, All Nippon Airways and Alitalia were also part of the EU’s investigation.

Joaquin Almunia, the EU’s Competition Commissioner will reveal details of the fines on Tuesday during a news conference.

Sources say that British Airways could see a fine in excess of 120 million euros, however it’s more likely that the figure will be in the neighbourhood of 60-80 million euros.

The Commission is capable of fining each carrier up to 10% of global sales revenue for breaking EU rules, though they’re not likely to see fines that hefty.