Qantas Outlines Its Fleet Strategy

Qantas has provided a fleet update for next year and beyond, following its announcement of a record underlying loss before tax of AUS$646m (US$603m) for June 2013–2014.

Qantas has provided a fleet update for next year and beyond, following its announcement of a record underlying loss before tax of AUS$646m (US$603m) for June 2013–2014.

The group’s focus is on maximising the advantage of its young, modernised fleet, having taking delivery of more than 140 aircraft and retired/returned leases for 80 since 2009.

In February, the group announced that more than 50 aircraft on order would be deferred or sold to reflect more efficient fleet utilisation and slower capacity growth.

Orders for 21 A320s have been deferred by four years and converted to orders for A320neos, increasing its total order for the new-engined aircraft to 99. It has also pushed back the first of its 50 787 options and purchase rights from 2016 to 2017.

As previously announced, the group has also deferred the final eight A380s on order for Qantas International, as well as the final three of 14 787-8s for its subsidiary Jetstar.

TAGS: Asia Pacific
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