Qantas

[Lauderdale]

Australia's national carrier, the biggest customer for the
aircraft, still has firm orders for 35 787-9s and 15 787-8s
after the cancellation. It says that the delay was not a factor
in its decision.

"Qantas announced its original 787 order in December 2005,
and the operating environment for the world's airlines has
clearly changed dramatically since then," says the oneworld
alliance carrier's chief executive Alan Joyce.
The "prudent" decision will reduce capital expenditure by $3
billion and still allow Qantas and its low-cost subsidiary
Jetstar to "take advantage of growth opportunities and market
demands, both domestically and internationally", he adds.
Under the new delivery schedule, its first 15 aircraft, 787-9s
meant for Jetstar's international operations, will be delivered
from mid-2013. Jetstar was originally due to take delivery of
15 smaller 787-8s in mid-2010.

Another 15 787-8s will follow over the 12 months from the
fourth quarter of 2014 for Qantas' Australian domestic
operations, and allow it to retire its remaining Boeing 767-300
fleet.

The final deliveries of 20 787-9s for both Qantas and Jetstar
international operations will take place from the fourth
quarter of 2015 through to 2017. Qantas retains options for an
additional 50 aircraft.

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