Loading

Qantas fleet RFP and Virgin profit downgrade

Analysis

SYDNEY (Centre for Asia Pacific Aviation) - Qantas issued (18-Aug-05) an Request for Proposals (RFP) for new widebody aircraft to replace the Group's fleet of B767-300s.

The RFP will cover a "mix of firm orders and options for B787s and A350s" for use on medium-haul international, trans-Tasman and Australian domestic routes; and ultra-long range variants of the B777 and A340 to operate "hub-busting" routes.

Meanwhile, Virgin Blue Airlines issued (18-Aug-05) its fourth profit downgrade in the past 12 months, forecasting profit after tax for the 12 months ending 30-Sep-05 "in the range" of AUD90-100 million. The carrier stated a AUD150 million year-on-year increase in fuel costs would make it impossible to reach last year's AUD159 million net profit.

Strategic news daily to your inbox from the Centre's Asia Pacific Airline Daily

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More