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Air Canada has agreed to a $4.5-million settlement to resolve a U.S. government investigation into claims thousands of air passenger refunds were delayed, the Transportation Department said.

The proposed settlement, which still must be approved by an administrative law judge, would resolve the U.S. Transportation Department investigation into what it said were “extreme delays in providing refunds to thousands of consumers for flights to or from the United States that the carrier cancelled or significantly changed.”

Of the $4.5-million settlement, $2.5-million would be credited to Air Canada for refunding passengers and $2-million would be paid to the U.S. Treasury.

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Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 21/11/24 3:45pm EST.

SymbolName% changeLast
AC-T
Air Canada
+3.02%23.91

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