"JetStar" the name - 23 A320s ordered
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Dow Jones
Australia's Qantas: Each Airbus Has US$50M Tag
SYDNEY (Dow Jones)--Australia's Qantas Airways Ltd. said Monday it ordered 23 A320 aircraft from Airbus.
Qantas said its new low-cost domestic carrier, which will be called Jetstar, will use the A320s.
Jetstar will compete in Australia with no-frills carrier Virgin Blue.
Qantas chief executive Geoff Dixon wouldn't value the Airbus contract, but told reporters each plane has a price tag of about US$50 million. Analysts had expected Qantas to purchase just nine aircraft before the launch, and to have 23 in the Jetstar fleet by mid 2005.
The bidding between Airbus and Boeing Co. had been "very aggressive", Dixon said, with Qantas very pleased with the price paid.
Dixon said he is confident Jetstar won't take market share from the full service Qantas domestic operation and can conduct business alongside rival Virgin Blue.
The domestic leisure market is tipped to grow 15%-20%, he said.
Dixon added that the domestic market is "quite strong" at the moment, with local operations to provide a record 2003-04 profit for Qantas.
Qantas isn't launching Jetstar "from a position of panic" or from the competitive threat posed by Virgin Blue, he said.
All Qantas operations are profitable at the moment, Dixon added.
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Australia's Qantas: Each Airbus Has US$50M Tag
SYDNEY (Dow Jones)--Australia's Qantas Airways Ltd. said Monday it ordered 23 A320 aircraft from Airbus.
Qantas said its new low-cost domestic carrier, which will be called Jetstar, will use the A320s.
Jetstar will compete in Australia with no-frills carrier Virgin Blue.
Qantas chief executive Geoff Dixon wouldn't value the Airbus contract, but told reporters each plane has a price tag of about US$50 million. Analysts had expected Qantas to purchase just nine aircraft before the launch, and to have 23 in the Jetstar fleet by mid 2005.
The bidding between Airbus and Boeing Co. had been "very aggressive", Dixon said, with Qantas very pleased with the price paid.
Dixon said he is confident Jetstar won't take market share from the full service Qantas domestic operation and can conduct business alongside rival Virgin Blue.
The domestic leisure market is tipped to grow 15%-20%, he said.
Dixon added that the domestic market is "quite strong" at the moment, with local operations to provide a record 2003-04 profit for Qantas.
Qantas isn't launching Jetstar "from a position of panic" or from the competitive threat posed by Virgin Blue, he said.
All Qantas operations are profitable at the moment, Dixon added.
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Very neighbourly of Lockheed Martin to permit Qantas to use the name of the Lockheed C-140 to distinguish Australias' new El-Cheapo domestic airline.I'm surprised that the name"Jetstar" is not protected by a tangle of legal razorwire.
Is this the next section of the trojan horse qantas are installing?
As regards the name,when bmibabi started up customers were accidently going to a porn site with nearly the same name.
Bmibabi pilots now do 4 sector days includind going to the east med,there are no crew meals loaded so you take your own sarnies and thermos.Is that the same in VB.
As regards the name,when bmibabi started up customers were accidently going to a porn site with nearly the same name.
Bmibabi pilots now do 4 sector days includind going to the east med,there are no crew meals loaded so you take your own sarnies and thermos.Is that the same in VB.
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Hoss, what have they got to celebrate? Working flat out and as a captain earning less than a Longhaul S/0 or CSM in mainline, I pass my heartfelt condolences out to them all. Just wish they agreed to work for what they are worth.
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Trojan horse may be correct franga. All the same I like the paint scheme and colour. Certainly is eye catching. I also like the fact they are putting inflight entertainment on board. Jetblue in the US has a telly on every seat in their 320's. This will hopefully wake up the top end in Virgin to do the same. Syd to Per with no entertainment is a joke!
I haven't seen any figures for the pilot's so before we fly off on a tangent we should probably wait and see. I don't believe Mr Dixon's comments much at all these days. He is directly attacking the mainline boys, no question.
I haven't seen any figures for the pilot's so before we fly off on a tangent we should probably wait and see. I don't believe Mr Dixon's comments much at all these days. He is directly attacking the mainline boys, no question.
From the Rockewll Collins website back in Sep 2003
The cabins of the new Virgin Blue Boeing 737s will feature Rockwell Collins' Programmable Audio Video Entertainment System (PAVES™), offering overhead video on 10.4-inch retractable monitors and 24 channels of high-fidelity digital in-seat audio programming. The monitors offer passengers wide viewing angles with crisp and bright picture quality.
DJ737
The Roo Rooter
The cabins of the new Virgin Blue Boeing 737s will feature Rockwell Collins' Programmable Audio Video Entertainment System (PAVES™), offering overhead video on 10.4-inch retractable monitors and 24 channels of high-fidelity digital in-seat audio programming. The monitors offer passengers wide viewing angles with crisp and bright picture quality.
DJ737
The Roo Rooter
What great timing!!
Announce the name and logo, togther with startup details the very same week the opposition floats on the stockmarket. Wait for further announcements this and next week, which might make the new shares flounder.
I gotta hand it to the man, what a clever idea!!
Announce the name and logo, togther with startup details the very same week the opposition floats on the stockmarket. Wait for further announcements this and next week, which might make the new shares flounder.
I gotta hand it to the man, what a clever idea!!
Hoss,
If the salary rumours are anything like true, I cant imagine many other professional groups "out celebrating" after agreeing to significantly less than the going rate for their upcoming salary and conditions.
If the salary rumours are anything like true, I cant imagine many other professional groups "out celebrating" after agreeing to significantly less than the going rate for their upcoming salary and conditions.
Sounds like the A320 cabin will be like Jet Blue in the US - no galleys fitted which means extra room (Jet Blue's seat pitch is superior to all other Low Wages airlines) Screen in the back of each seat with entertainment provided by Direct TV (data link from ground with mainly re-runs of sit-coms).
May cause some late nights for that balding little whinger at DJ.
May cause some late nights for that balding little whinger at DJ.
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Good luck to all the crew at Impulse with the launch of Jetstar.
Great bunch of people who deserve all the best!
No I dont work with Impulse but had a lot to do with them in a recent previous job before moving to Brisvegas as my log in name suggests
All the best guys!
Great bunch of people who deserve all the best!
No I dont work with Impulse but had a lot to do with them in a recent previous job before moving to Brisvegas as my log in name suggests
All the best guys!
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How can ANYONE be happy that we now have third world (or worse) wages to fly jets in our country?
Regardless of who gets to fly them we have taken another GIANT leap backwards in this industry!
A very sad future awaits all those aspiring young airline pilots in this country.
There are no winners here amongst the pilot groups,just losers.
Whoever gets to fly it may be over the moon initially at that shiny new jet they get to sit in or that promotion they just got but when the novelty wears off and the reality sets in that all current and future jet jocky's in this country are screwed it will be too late.
If there was ever a time for ALL pilots in Australia to get together and fight the REAL enemy (greedy bloody management) then this is it!
Regardless of who gets to fly them we have taken another GIANT leap backwards in this industry!
A very sad future awaits all those aspiring young airline pilots in this country.
There are no winners here amongst the pilot groups,just losers.
Whoever gets to fly it may be over the moon initially at that shiny new jet they get to sit in or that promotion they just got but when the novelty wears off and the reality sets in that all current and future jet jocky's in this country are screwed it will be too late.
If there was ever a time for ALL pilots in Australia to get together and fight the REAL enemy (greedy bloody management) then this is it!
Guess you saw the 7.30 Report too Chilli?? Like it or not whether you work for QF, Virgin, Impulse, Kendall, Eastern, Sunnies, AirNorth, GAM or any GA operator, today you got shafted. Got plenty of vaso for the times ahead? You'll need it....
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Reuters
SYDNEY (Reuters) -Qantas Chief Financial Officer Peter Gregg Qantas put the cost of the Airbus planes at about $1.15 billion -- "if you multiply 23 by about $50 (million) you get an idea" -- adding that the start-up capital cost of the airline was about A$100 million ($72 million).
However, Qantas was widely expected to have negotiated at least a 20 percent discount on the sticker price, said one analyst who requested anonymity.
Airbus was also believed to have agreed to find buyers for Qantas' aging Boeing 717s as they were retired in years ahead, the analyst said.
The new discount carrier, to be based in Melbourne, would have a workforce of about 2,000, Jetstar Chief Executive Alan Joyce said. About 600 of the new airline's staff would migrate from regional carrier Impulse, a unit Qantas acquired two years ago, with 1,400 new hires.
Dixon downplayed concerns that Australia, a market of only 20 million people, was not big enough to handle Jetstar without cannibalizing Qantas's full-service main carrier.
"We believe they can both operate side-by-side, along with Virgin, and all be successful," he said.
Qantas' fleet is dominated by Boeing aircraft, accounting for 72 percent of its 179 planes, including 50 737s. It has four Airbus A330s with another nine on order and 12 Airbus A380 planes due to be delivered from 2006 to 2011.
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SYDNEY (Reuters) -Qantas Chief Financial Officer Peter Gregg Qantas put the cost of the Airbus planes at about $1.15 billion -- "if you multiply 23 by about $50 (million) you get an idea" -- adding that the start-up capital cost of the airline was about A$100 million ($72 million).
However, Qantas was widely expected to have negotiated at least a 20 percent discount on the sticker price, said one analyst who requested anonymity.
Airbus was also believed to have agreed to find buyers for Qantas' aging Boeing 717s as they were retired in years ahead, the analyst said.
The new discount carrier, to be based in Melbourne, would have a workforce of about 2,000, Jetstar Chief Executive Alan Joyce said. About 600 of the new airline's staff would migrate from regional carrier Impulse, a unit Qantas acquired two years ago, with 1,400 new hires.
Dixon downplayed concerns that Australia, a market of only 20 million people, was not big enough to handle Jetstar without cannibalizing Qantas's full-service main carrier.
"We believe they can both operate side-by-side, along with Virgin, and all be successful," he said.
Qantas' fleet is dominated by Boeing aircraft, accounting for 72 percent of its 179 planes, including 50 737s. It has four Airbus A330s with another nine on order and 12 Airbus A380 planes due to be delivered from 2006 to 2011.
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With Impulse now heading in a different direction,and mainline eventually going 738,anyone with any ideas on how Qantaslink jet services will be structured in the future(if there is one?)
Both the Bus and 738 seem a little big for any of the current route structure.
Both the Bus and 738 seem a little big for any of the current route structure.