International Business News: Qantas Airways agreed to pay 120 million Australian dollars ($79 million) in compensation and a fine for selling tickets on thousands of cancelled fli
As part of the settlement with Australian Competition and Consumer Commission (ACCC), Qantas will start an additional A$20 million remediation program for passengers affected by the cancellations, with each impacted customer receiving payments of between A$225 and A$450, the airline said. "We are pleased to have secured these admissions by Qantas that it misled its customers, and its agreement that a very significant penalty is required as a result of this conduct," ACCC Chair Gina Cass-Gottlieb said in a statement. "The size of this proposed penalty is an important milestone in enforcing the Australian Consumer Law."