Qantas will pay a $120 million penalty for misleading customers by selling tickets to flights that had already been canceled. The company plans to pay between $225 and $450 to affected domestic and foreign consumers, for a projected total of about $20 million, and implement a remediation program for affected passengers. On Monday, Qantas announced that it had settled with the ACCC, which led to the early retirement of former CEO Alan Joyce. In August last year, the company filed a lawsuit alleging it had advertised and sold tickets for over 8,000 flights that it had already canceled in its int…