[/QUOTE]Hong Kong just revived 26 positive Covid results off a inbound Emirates flight from Doha.
[QUOTE] https://www.chp.gov.hk/files/pdf/flights_trains_en.pdf Can't deny entry if residents. |
Originally Posted by Blueskymine
(Post 10820647)
I fully suspect though like SARs, it’ll burn out and become less severe and more like a common cold.
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Originally Posted by Blueskymine
(Post 10820570)
A380 crew will be back.
Unfortunately it will be in an A350. But it’s better than the alternative and I gather after 3 years they’ll take anything... Aviation really really sucks sometimes. |
It makes sense that if the A380’s are intended to be out for three years then slowly introduce A350’s instead.
Just have to get over the whole capital expenditure thing. Mind you I heard AJ say yesterday that the capital raising was in part to help Qantas invest after the recovery?? |
Actually, the wording was with reference to the capital raising;
”to capitalise on opportunities aligned with its strategy.” ????? ASX How much for a A350 at the moment? |
Yeah i heard that too but....
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I’m starting to believe my own crap now but why do a raising when you spruce to the market you have the ability to run in hibernation until the end of
2021? Ok, so 600 million for redundancy payments. Whats the rest for? |
Originally Posted by Arnold E
(Post 10820132)
I note that the 380's are going to be stored in the USA, anyone have an idea why they wouldn't be stored at Alice Springs ?
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If the 380s are there that long it is not just maintenance that is a problem, you effectively have to start the fleet from scratch again. Train the trainers etc etc.
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When A380's start becoming freighters then they are already in the country that has the world's biggest freight companies.
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They spent $500m on refurbs for 6 of them. At least 6 will come back. My guess is the remaining money from the share raising will be used to buy 350s.
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I guess a fair bit of the capital raising will go towards paying this little gem off. This was buried deep within the ASX announcement and was glossed over using weasel words however I read it as “fuel hedging losses are costing QF $11-12 million per week!”
“FUEL HEDGING The Group’s fuel was fully hedged for the second half of FY20, and 90% hedged for the first half of FY21. With the significant decline in flying activity, the Group’s overall capacity flown has resulted in a substantial reduction in fuel consumption from April 2020 and the anticipated decline in consumption to June 2021 will lead to the non-cash recognition of hedge ineffectiveness of $550–$600 million in the FY20 statutory result.” |
Originally Posted by blubak
(Post 10821112)
Its cheaper,dont listen to all the spin about them being in better condition when & if they decide to fly them again,after sitting over there for well over 12 months,getting them serviceable will be a nightmare.
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What does the recently completed share buy back (at $5.56) and now the SPP at 3.65 mean for the bottom line? It gives them access to more cash, but it would be a net loss wouldn’t it?
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You have to raise the money to pay for the handout Joyce will get when this is all ‘over’.
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Originally Posted by Lookleft
(Post 10821144)
When A380's start becoming freighters then they are already in the country that has the world's biggest freight companies.
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Originally Posted by ozbiggles
(Post 10821201)
You have to raise the money to pay for the handout Joyce will get when this is all ‘over’.
At the end of the day Qantas ain’t a government entity anymore. Many still behave as if it is. |
Realistically, when the government sends in the army over a few cases of COVID - 19 in Victoria, international flying is unlikely to resume this year with the exception of NZ and possibly limited travel bubbles. Profitable international flying will take even longer to come back and the network planners will be starting from scratch with a clean sheet of paper rather than simply reinstating the previous routes. Due to the distances involved in international flying from Australia, widebody aircraft are normally required to reach most destinations in Asia and beyond, these will be difficult to fill at first. Running a hub through Darwin with the B737s into SE Asia could be considered until direct routes become viable again.
City pairs which previously supported direct flights may have to go through a hub instead, double daily may go daily, wide body may go narrow body. Certain routes may turn into cash cows if competing airlines withdraw. Matching capacity growth to pax growth needs to be done right else money is lost or profits are missed. When to jump back in requires careful judgement due to the lead time required and the necessity to operate at a loss for as short a period as possible. SIA are flying a skeleton international network due to the need to maintain connectivity, but this needs Singapore government backing as pax numbers reaching three digits is cause for celebration. |
QF A380 is one for the history book now, you won't see it flying people ever again. They are just letting the shareholders down lightly.
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