Australia's Qantas to pay US$76 million to former employees

AUSTRALIA’S Qantas Airways said on Tuesday (Dec 17) that it has reached a settlement with the Transport Workers Union (TWU) for compensation of US$76.2 million that it will pay former ground workers who were sacked in 2020.

The airline will pay the ex-employees through a compensation fund that will be established in early 2025, it said.

The carrier added that the final amount will comprise factors including compensation to the TWU and the costs incurred to distribute the funds to the individuals.

The Federal Court will conduct a separate hearing at a later date to determine whether Qantas will be penalised for sacking the individuals, the airline said. REUTERS