Qantas Q-day, the big items | Plane Talking
Before group CEO Alan Joyce starts talking here are the standout items.
Jetstar in Asia has been stopped in its tracks. Nothing specific has been said about Jetstar Hong Kong, which has been unable to get a Hong Kong operating certificate because it is framed to contravene its Basic Law on foreign owned and controlled entities.
Jetstar international will only get 11 out of 14 Dreamliner 787-8s, the last three being ‘deferred’.
No reference has been made as yet to the fate of Dreamliner 787-9 options held by Qantas exercisable for delivery from 2016.
The last eight A380s on order are deferred, which is what they are already to all intents and purposes.
The actual job losses, including part time position, are likely to be between 5500-7000 according to insiders.
The only specific route closure is Singapore-Perth.
There is a mysterious reference to restructuring the Qantas orders for more than 100 A320s. Given its guidance on Jetstar in Asia, this needs for explanation.
Interesting, I think AJ is going to have a long day when this all sinks in,
uploading the questions at the press conference stand by