Qantas has mailed letters or emails to ticket holders to about one million Australian customers.
The communication details a $105 million settlement for flights that were cancelled during the COVID-19 pandemic.
The airline reports the payout will be distributed to eligible passengers who booked in 2020 and will be completed over the next few weeks in the near term.
On that day, Virgin Australia revealed it still holds $93 million in unused flight credits yet to be used.
That total was disclosed as the airline’s chief executive received a salary increase recently.
Virgin has yet to announce any plan to release the credits so far.