Previous close | 19.20 |
Open | 19.07 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 19.07 - 19.07 |
52-week range | 14.83 - 22.99 |
Volume | |
Avg. volume | 12,378 |
Market cap | 6.296B |
Beta (5Y monthly) | 1.10 |
PE ratio (TTM) | 6.40 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 28 Feb 2020 |
1y target est | N/A |
Qantas is to pay a A$100m (£53m) penalty and A$20m in compensation to passengers to settle a legal battle over tickets it sold for cancelled flights.
Qantas Airways agreed to pay 120 million Australian dollars ($79 million) in compensation and a fine for selling tickets on thousands of cancelled flights, the airline and Australia’s consumer watchdog said on Monday. The Australian Competition and Consumer Commission sued the Sydney-based airline in the Federal Court last year. The commission alleged that Qantas engaged in false, misleading or deceptive conduct by advertising tickets for more than 8,000 flights from May 2021 through to July 2022 that had already been canceled.
(Bloomberg) -- Qantas Airways Ltd. will pay a A$100 million ($66 million) penalty and compensate passengers for selling tickets on thousands of flights it had already decided to cancel, as Chief Executive Officer Vanessa Hudson continues costly repairs to the airline’s battered reputation.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallFr