British Airways faces a possible fine of up to £70 million in an alleged cargo price fixing case, according to reports.

The European Commission is expected to announce penalties on November 9 following a raid on a number of leading airlines involving EU authorities and the US Department of Justice in 2006, Reuters reported.

The commission says no decision has yet been taken and Amelia Torres, EU spokeswoman for competition matters, said a date had not been set to announce one.

A Reuters source said that continuing debate within the commission on the size of the fines could delay the decision.

“The commission is considering a fine of between 60 to 80 million euros,” the source said, adding that no final decision has been taken and discussions are continuing.