— Australia’s flagship carrier Qantas said Wednesday it has reached a 95 million Australian dollar settlement with engine maker Rolls-Royce over last year’s mid-air disintegration of a superjumbo engine, which temporarily forced the grounding of its entire fleet of A380s.
Qantas CEO Alan Joyce said the terms of the agreement are confidential, but that the settlement’s profit and loss impact would amount to a 95 million Australian dollar boost to the airline’s bottom line.
