(Reuters) -Australian flagship airline Qantas Airways mentioned on Monday it reached a settlement settlement with the nation’s competitors regulator below which it might be obliged to pay A$100 million ($66 million) civil penalty in a flight cancellation case.
The penalty can be topic to the approval of Federal Courtroom of Australia, it mentioned in an announcement.
Qantas was sued in August by the Australian Competitors and Shopper Fee (ACCC), which accused it of promoting tickets to 1000’s of flights after they have been cancelled, placing the airline prone to enormous fines.
As a part of the settlement, Qantas will begin a projected A$20 million remediation program for passengers impacted by flight cancellations, with every impacted buyer getting funds from A$225 to A$450, the airline mentioned.
“In the present day represents one other vital step ahead as we work in direction of restoring confidence within the nationwide service,” Qantas Group CEO Vanessa Hudson (NYSE:) mentioned.
($1 = 1.5138 Australian {dollars})