View Full Version : Large Qantas Airbus order
4Greens
7th Oct 2011, 07:55
On the UK news it is reported that Qantas have ordered a slew of the revamped A320s to expand their 'short haul operations in Asia'.
mach2male
7th Oct 2011, 08:08
The order is for 110 A320 NEOs(New Engine Option)Very few will be for mainline.... if any. Most will be for all the Jeststar franchise scattered thru' Asia
ohallen
7th Oct 2011, 08:17
And don't forget the most important part....funded by mainline.
Let the gamble begin with nothing but 2 and 3's in hand.
Any govt that backs this lot must be laughing at how easy Australia hands over the bucks pretending they know what they are doing and hoping that $$$ will get them over the line.
Mr.Buzzy
7th Oct 2011, 09:05
Ahhh soooo...... Rike ramb to the slaughter.....sirry iriots!!!!
Bbbbbbbbzbzbzbzbzbzbzbzbz
Mafortion
8th Oct 2011, 01:05
None are for mainline.
A small number will be for 'Far-Q' and the rest to expand various Jetstar operations and replace older aircraft.
Flt.Lt Zed
8th Oct 2011, 02:39
Qantas and Airbus sign huge A320 order | Australian Aviation Magazine (http://australianaviation.com.au/2011/10/qantas-and-airbus-sign-huge-a320-order/)
11 for mainline....How many mainline fleet to be traded in ??
FoxtrotAlpha18
8th Oct 2011, 02:50
Not 110 NEOs according to the Australian Aviation link. It says 32 current A320s and 78 NEOs.
It also says the 11 "mainline" jets are for the new premium startup, not the current mainline, so no trade-ins required.
Why do the J* A320 fleet need renewing????
They're only a few years old. Certainly nowhere near the age of QF 767s or 737-400s that make up the bulk of the domestic operation.
How can these geniuses justify an extravagant expense to keep the blue singlet and thongs brigade happy, while the premium customers are flying around in 20 year old ****boxes?
And don't tell me anything about yield management crap or returning the cost of capital blah blah blah....,,,
The QF branded domestic operation posted the biggest profit of any segment of the company, that includes J* and the frequent flyer scheme. Won't be for long though if it continues to be treated with contempt and receive no funding.
Normasars
8th Oct 2011, 03:15
Once the transformation of LH is complete, the smoke and mirrors will commence with the ongoing viability of SH. Too expensive; can't compete; no yield; etc etc. The poorest performing part of the "Group".
Domestic operation will then be told to change or face oblivion. The Master Plan will then be complete.
Slaps on the back all round at HQ; massive bonuses paid at the elite level, and the entire workforce on "much more competitive" wages.
As sure as the sun rises tomorrow!!
another superlame
8th Oct 2011, 03:40
How is this investing in Qantas. Not one of those 110 aircraft will have a kangaroo on the tail.
Paid for by Qantas, and no doubt leased through the company Geoff Dixon has interests in.
So if this all goes pair shaped, Alan and Geoff and quite a few other toxic management staff will have had their pockets lined and will be able to walk away happy knowing that they no longer have to deal with the decisions they made.
Qantas will then be left to dig themselves out of a hole that they didn't need to be in.
At the end of the day it is just rich people gambling with money that is not theirs.
ohallen
8th Oct 2011, 04:33
Why do they need to replace almost new A320's?
That is a very good question that would be worth some digging into the details. There must be an answer somewhere.
FoxtrotAlpha18
8th Oct 2011, 07:09
Maybe most of them are for growth, and the rest to replace leased aircraft...like the article said! :rolleyes:
Why do they need to replace almost new A320's?
Remember that their main competitor in the Asia Pacific region has also placed a large order for A320 NEOs which would give them an operating cost advantage, so it was better to go ahead and maintain the status quo. As it is most LCCs get rid of their aircraft once they reach 7-10 years old, usually because they get pretty thrashed.
And as for "funded by mainline", by the same logic JQ helps to fund new aircraft in the QF fleet so everybody wins at the end of the day.
standard
8th Oct 2011, 14:24
Can you tell me what aircraft JQ have helped fund QF?.. That's bullish$t
And as for "funded by mainline", by the same logic JQ helps to fund new aircraft in the QF fleet so everybody wins at the end of the day.
another crack smoker...
Sunfish
8th Oct 2011, 22:51
Who is picking up the very considerable tab for administering such an order? Not Jetstar I suppose.
You are right it won't be Jetstar, they didn't place the order.
It would be safe to assume that as the order was placed by the QANTAS group, The QANTAS group will be paying the bills.
Silverado
9th Oct 2011, 02:14
It would be safe to assume that as the order was placed by the QANTAS group, The QANTAS group will be paying the bills.
There is no such thing as the Qantas group. There is Qantas Airways Pty Ltd and it's subsidiaries.
Only when it comes to registering companies Silverado.
Realistically, however, the QANTAS group is, in order of profit :)
1. QANTAS Frequent Flyer
2. QANTAS Domestic ( Australian Airlines and TAA )
3. Jetstar
4. Eastern
5. Sun state
6. Jetstar Asia
7. Jetstar Pacific
8. Qantas international... The only true legacy part of the airline.
And Far-Q.... Soon....
Considering the only original QF carrier I.e. International, is 1/9 of the QANTAS group, I think you may be stretching the truth somewhat.
'holic
9th Oct 2011, 10:07
Realistically ....
How much money do you think FF would make if there were no QF International? What about if there were no Jetstar in all its various forms, would that make any difference to FF's profit?
How much do international connecting pax to domestic sectors contribute to QF Domestic's profitability?
Don't start to believe the bull$hit being used to justify management's plans.
Bula, I think you are stretching the truth by suggesting the highly profitable "QANTAS Domestic ( Australian Airlines and TAA )" that is partly crewed by Qantas international is not a Legacy part of the outfit.
17years out of 91 is Legacy ay.....
Anyways my point is the face of QANTAS has changed and will continue to change. For people to harp on with "mainline bought this, mainline bought that, it's mainlines money" is a bit farcical.
Mainline is 2/8 (9) of qantas' shop front business. It provides 1/2 of all profits but consumes, until recently, 70% of all capital.
AJ is officially nuts. 1/2 the profit, in a downturn in the Asia pacific region. What about the billion dollar profits during the upturn. Market share has dropped a few %, along with an increase in OS capacity. But has the market not grown? Are not load factors still on the increase?
Please please please AJ don't force me to fly BA...... You are just going to kill international if you do.
Uncashed Pilot
9th Oct 2011, 23:04
And so it begins. The Qantas A320s are to be crewed by Jetstar.
So qf pilots go to Jetstar and return to qf a320s on Jetstar pay and conditions.
ohallen
10th Oct 2011, 03:20
Just occurred to me that most good governance processes for listed entities have a limit as to how much capital can be committed to venture capital, which by its nature has a higher risk than normal business.
Does the Rat have any such process in its governance protocols?
Presumably the purpose of such requirements is to stop wayward management betting the house.
Probably don't if it didn't suit their purpose,but may be a point that shareholders could make at AGM if anyone is interested.
toolish
10th Oct 2011, 23:51
If you are going to lease an aircraft why would you renew a lease when it expires rather than lease a new more efficent model:ugh::ugh::ugh:
Of course they will use the QF purchasing power and then they will sell it to a leasing company, for a profit. They will then lease it from said company for tax advantages.
Been done before and will be done again but that was pre Dixon getting a cut of the business.