24-Nov-2009 4:00 PM
Qantas to boost fleet expenditure; undertaking ambitious savings programme, hoping to rebuild yields
Analysis
Qantas, as part of its Investor Day Presentations, stated it would invest AUD4.4 billion (USD4 billion) over the next two years (including AUD1.7 billion in FY2010 and AUD2.7 billion in 2011) as it purchases new aircraft and embarks on a campaign to improve its margins.
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