India, May 6 -- Australian airline major Qantas has agreed to pay AUD 100 million (USD 66.1 million) penalty to settle a legal case where it was accused of selling thousands of tickets for flights it had cancelled.

Under the settlement agreed with the Australian Competition and Consumer Commission (ACCC), Qantas will commence a projected USD 20 million remediation program for impacted passengers, with payments to customers ranging from USD 225 to AUD 450, and subject to the approval of the Federal Court of Australia, will pay a AUD 100 million civil penalty.

The ACCC and Qantas will shortly seek approval of the proposed penalty by the Federal Court.

Qantas said it intends to commence the remediation program in advance of the Court appr...