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Qantas Plans to Order 110 A320 Family Aircraft

Travel News Asia Latest Travel News Podcasts Videos Wednesday, 17 August 2011

Qantas is planning to acquire up to 110 Airbus A320 aircraft, plus 194 purchase rights and options, to support fleet renewal and growth for the next 10 to 15 years.

The group has committed to order up to 110 A320s (106 confirmed from Airbus and four additional aircraft, either purchased or leased, subject to availability).

The aircraft will facilitate capacity growth across Jetstars domestic and international operations, the launch of Jetstar Japan and the establishment of Qantas new premium Asia-focused airline - while the purchase rights and options provide the group with significant flexibility.

The group will become a major customer for the new more fuel-efficient A320neo. The commitment for 110 A320s includes 78 A320neos with 194 rights and options on further purchases.

In addition, as a result of the new strategy and network changes for Qantas international, Qantas will defer the delivery of its final six Airbus A380s by up to six years. Qantas A380 fleet will reach 12 aircraft by the end of 2011 and 14 aircraft by mid-2013. The remaining six A380s will be delivered to coincide with the retirement of Qantas last six Boeing 747ER aircraft.

This is an investment that will position the Qantas Group very strongly in the competitive Asia Pacific aviation market, while containing costs, said Qantas Chief Executive Officer, Alan Joyce. The first of the A320s will be allocated to the new Jetstar Japan venture between the Qantas Group, Japan Airlines and Mitsubishi. We are using the Qantas Groups scale in the aircraft purchasing market to establish this exciting new airline. Financial management of the fleet will rest with Jetstar Japan and will be funded independently of the groups balance sheet.

The remainder of the A320 order will go to other new ventures, including Qantas premium airline serving the Australia-Asia market, and to renewing Jetstars global fleet giving us the flexibility to meet growth requirements where needed ... Our A380 delivery program is well-advanced, while later this year the first of our Boeing 747s reconfigured with A380 product, seats and inflight entertainment will enter service ... As our flagship, the A380 is a fabulous aircraft and receives tremendous feedback from our customers. It will continue to lead our long-haul fleet. However, the review and restructure of our international network has led to the decision to defer six of the A380s we have in order.

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