This is nothing new... The 21 734s have long been planned for replacement by 738s by end of next year. These 738s have been in the order book for years, and the 734s have been long planned to be retired by 2013. Just ignorant journalism as usual, probably based on a press release by Qantas trying to help the share price along by "announcing" something that is actually nothing new and hoping nobody notices. Of course, it works and everyone jumps up and down patting AJ on the back for acting quickly and decisively in a dynamic aviation climate...