Australia's competition regulator said on Friday it would ask the court to fine Qantas Airways 'hundreds of millions' of dollars, a day after suing the carrier for allegedly selling tickets to thousands of flights after they were cancelled.
SYDNEY, Sept 1 - Australia's competition regulator said on Friday it would ask the court to fine Qantas Airways
when it sold tickets to more than 8,000 flights between May and July 2022 without disclosing they had been cancelled. After Australia opened its borders in late 2021 after the pandemic, Qantas bore the brunt of complaints about flight cancellations and lost luggage mostly due to staff shortages. Qantas shares were down nearly 2% at A$5.83 in afternoon trade on Friday, after falling as much as 3.81% a day earlier to their lowest price since Nov. 22.
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