Qantas agreed to settle the suit by paying a $66 million fine to the Australian government and a projected $13 million to more than 86,000 affected customers.

Qantas Airways, an Australian carrier, will pay a record A$120M penalty for ticket sales of canceled flights, impacting over 86,000 travelers.

Australian flagship airline Qantas Airways said on Monday it reached a settlement agreement with the country's competition regulator under which it may be obliged to pay A$100 million ($66.06 million) civil penalty in a flight cancellation case.