There is money to buy potential aircraft. They just won’t be bought until the industrial risks are at least better understood.
'Industrial risk' is slightly disingenuous.
Risk is present in two forms:
- Rising fuel prices
- Declining yield
Evidence of the present dilemma was detailed in another thread and given the veracity and independence of the research, it would appear analysts have noticed too.
Qantas 'worst major airline' for fuel efficiency on trans-Pacific flights, study suggests - ABC News (Australian Broadcasting Corporation)
with Qantas CASK (fuel included) orders of magnitude higher than competitors any decision to delay the taking up on options ordered by the Dixon regime, The present risk is entirely self imposed.
Going to the IR well again may in fact see this board exposed as the aviation lightweights they are. Then again they took a billion of brand value last time they trash talked the company and staff.
The rising tide lifts all boats. In case the analogy is a little cloudy, they looked good when fuel dropped.
Qantas need a new fleet.