So you need a new fleet Leigh?
Time for some outside the square thinking Qantas, what about Jetairways 777-300ERs six 2016 models and a perfect temporary replacement for the 747 in Qantas. I know, your dreaming.
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Unfortunately, building a fiefdom is hard work. Got to spend a huge amount of energy playing game of thrones.
With the fleet replacement a one-for-one exercise, they continue to strangle their revenue and lose capacity.
Chasing yield is admirable, but their fleet is old, it is tired. Their fuel included CASK is killing margins. Fortunately, a respite in jet fuel prices gives them breathing space. If one can judge past behaviours, don't expect any change at Fort Fumble.
We are also told that the loss of capacity is only economy seats and we make no money out of them.
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SYD-SFO - 6 B747-400 services to be replaced by daily B787-9 services is a reduction of 532 seats per week.
For a guy with a Master’s degree in Mathematics, Little Napoleon doesn’t seem to understand that you need seats to be able to sell tickets.
For a guy with a Master’s degree in Mathematics, Little Napoleon doesn’t seem to understand that you need seats to be able to sell tickets.
So, basically the equivalent of a 747 5 days a week. Load factor will go to 98% , yield will increase, frequent flyers will get the Tom tits cos they can’t get either an upgrade or redeem points for any seat however KPIs will look brilliant leading to increased bonuses all round.😀😀
6 B747-400 services to be replaced by daily B787-9 services is a reduction of 532 seats per week.
They dropped 250 seats per day each way between Melbourne and London when they introduced the 787. That includes 14P and 22J seats that would cover a lot of the operating cost differential.
Also look at the advantage, I’m sure they could come with subcontinent drivers ready to go 457 style...
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Corporate welfare?
https://www.news.com.au/finance/busi...b306231cba2040
So despite your fleet metrics being horrendous, the worst across the pacific, it is the Australian taxpayer who has to cough up for an airline who uses 64% more fuel per RPK across the Pacific.
Technology myths surround bio-fuel. Present food production and cropping would need to be severely limited in order to grow sufficient fuel.
"The study suggested Qantas's fuel efficiency was poor on its Pacific flights because it used four-engine planes on those routes, such as the Boeing 747 and Airbus A380, which consume more fuel than twin-engine planes."
"It is pretty noticeable that Qantas is less efficient by a significant margin than its competing airlines," Dr Rutherford said.
How about you run along Mr Parker and tell Little Napoleon that a new fleet will lower your CO2 emissions.
You can take Andrew David with you too...
Qantas need a new fleet.
Andrew Parker, Qantas group executive for sustainability, said the carrier had discussed the issue of establishing a local biofuel industry with federal government and opposition in the hope of swift progress after this month's federal election.
Technology myths surround bio-fuel. Present food production and cropping would need to be severely limited in order to grow sufficient fuel.
"The study suggested Qantas's fuel efficiency was poor on its Pacific flights because it used four-engine planes on those routes, such as the Boeing 747 and Airbus A380, which consume more fuel than twin-engine planes."
"It is pretty noticeable that Qantas is less efficient by a significant margin than its competing airlines," Dr Rutherford said.
How about you run along Mr Parker and tell Little Napoleon that a new fleet will lower your CO2 emissions.
You can take Andrew David with you too...
“Our cabin crews see this waste every day and they want it eliminated and increasingly our shareholders are demanding we do more to address our environmental footprint,” Mr David said.
Qantas need a new fleet.
Last edited by Rated De; 8th May 2019 at 07:44.
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ttps://www.escape.com.au/news/little-milks-tiny-vegemites-to-be-axed-as-qantas-goes-wastefree/news-story/931e6bf6187f3330a8d5375428ef1083
Really?
So how about halving the fuel consumed and at the same time saving operating expense and reducing emissions?
Nah, a photo op and PR is much cheaper.
“The path that Qantas is going down is really holistic. It’s not just about going plastic free, it’s about going entirely waste free. And they’re not doing it for propriety or PR purposes. As our national carrier, they recognise they have a responsibly to create change.”
So how about halving the fuel consumed and at the same time saving operating expense and reducing emissions?
Nah, a photo op and PR is much cheaper.
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Latest trading update for Q3 can be viewed @ https://www.asx.com.au/asxpdf/20190509/pdf/444yx4ffy9ppdb.pdf .
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Rather lucky to have a Melbourne terminal to sell. $276 million helps!
Brisbane and Sydney long ago gone. Head office sold, No compensation for engine problems or delayed aircraft, catering sold last year.
Brisbane and Sydney long ago gone. Head office sold, No compensation for engine problems or delayed aircraft, catering sold last year.
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Qantas have plainly made a judgement that there is greater value in a sale and leaseback arrangement, between freeing up capital, not having to have in-house property managers, and not having to split focus between running an airline and managing a commercial real estate portfolio.
Do you think Qantas should be spending time and money making decisions about Krispy Kreme leases in T1 instead of buying a new fleet?
Companies that own and hold their properties are generally financially stronger than those that don’t. Why would you lease an office for 6% yield when you can borrow the money to own it for around 3%.
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Do you think Qantas should be spending time and money making decisions about Krispy Kreme leases in T1 instead of buying a new fleet?
