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Romulus, I have no idea what "Block hour costs" are.
Effectively it is similar to the maintenance cost per flight hour excpet it uses block hours which reflect the point at which chocks are pulled away to the point they are put in place at the destination. Apparently the concept is to encompass taxi time and a few other items in order to prevent manipulation of data by using actually flight hours.
Without getting in to too much detail that I am not prepared to put out in public QF is running at a seriously higher cost than their competitors.
Fleet age must impact on this figure. I assume that if you compare Qf to
VB you should only use 737NG fleets (to keep an apples/apples comparison) . The older the beast the more dollar hungry they become to maintain.