Rolls-Royce and Qantas have reached a settlement over an Airbus A380 engine explosion last year that forced a jet with 469 people on board to make an emergency landing and grounded much of the airline's fleet.
Qantas said the out-of-court commercial settlement would add A$95 million ($100.6 million) to its 2011 pre-tax profit and called off legal action against Rolls-Royce.
However, Rolls-Royce provided a lower figure and said the final deal did not change its guidance on the cost of the incident, which forced several airlines to ground their A380s, the world's biggest passenger aircraft, and replace some Trent 900 engines.
"The agreement is entirely consistent with the financial guidance given with our full-year results; that total costs to Rolls-Royce as a result of the incident were 56 million pounds ($90.6 million) in the 2010 financial year, with some small additional costs in 2011," it said in a statement.
Sources close to the deal said the main difference between the figures is that Rolls-Royce likely accounted for some parts and services at cost while Qantas accounted them at market or list prices.
Analysts had previously estimated the airline's loss from the incident would reach about A$60 million while the plane's insurer estimated repair costs at an additional $70 million.