My Account Menu

CAPA Login

Register to trial CAPA Membership!

Qantas to reconfigure A380s with 7.6% more seats


Qantas plans to reconfigure 12 A380s to increase seating from 450 to 484 - or 7.6% - and add 57 seats to nine of its B747-400 fleet as part of moves to revitalise its international business.

Work will commence in Aug-2011 on nine B747-400s at Qantas Engineering’s Avalon facility, while the A380 work will be conducted at Lufthansa Technik's facility in Manila. Qantas' shares snapped a losing streak yesterday, gaining 0.5%.

Meanwhile, Air New Zealand CEO Rob Fyfe stated the carrier “won’t make money” in the six months to 30-Jun-2011, but services will be full during the Rugby World Cup. The carrier has been affected by the earthquakes in Christchurch and Japan and the floods in Queensland. Mr Fyfe stated the period from Jan-2011 to Jun-2011 was the toughest he had experienced in his six years as CEO. The airline's shares fell 1.9% yesterday.

Selected APAD daily share price movements (% change): 9-Jun-2011

Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.