ASX:QANAirlines
Qantas’ A$105m Covid Class Action Settlement Could Be A Game Changer For Qantas Airways (ASX:QAN)
Qantas Airways has agreed to settle a Covid-era class action over cancelled flights and refunds for A$105 million, subject to Federal Court approval, with the payment expected in the first half of Fiscal Year 2027 and booked outside underlying earnings in the second half of Fiscal Year 2026.
The settlement, alongside the permanent removal of expiry dates on Covid flight credits in August 2023, effectively closes a major consumer and legal overhang tied to Qantas’s pandemic refund...