Qantas (QF, Sydney Kingsford Smith) parent, Qantas Group, has amended its fleet and network strategy for the upcoming financial year following the recent announcement of an annual net loss of AUD2.84billion (USD2.6billion).
Among the most the Group's most notable decisions is that to defer the delivery of its first five of fifty B787-9 options and purchase rights from 2016 to 2017, in line with the completion of the accelerated "Qantas Transformation" plan. The options were part of a firm order for 35 planes planes in 2004.
The Group announced in February that more than 50 aircraft on order would be deferred or sold to reflect more efficient fleet utilisation and slower capacity growth.
As previously announced, Qantas Group has also deferred the final three of fourteen B787-8s on order for Jetstar Airways (JQ, Melbourne Tullamarine). Five A320ceos on order for Jetstar have also been sold.
Elsewhere in the Group, with demand for domestic capacity waning, the decision has been taken to sell two B737-800s and two QantasLink Dash 8-300s during the 2014/15 Fiscal Year, while leases for two A330-200s, currently used for domestic flights, will not be renewed beyond the current financial year.
Meanwhile, Network Aviation (NWK, Perth International) has completed the retirement of its fleet of seven E120s with the last having left the airline in August. As it stands, the airline, which specializes in air charter services in support of "fly-in fly-out" mining operations throughout Western Australia, now operates an all Fokker Aircraft (Woensdrecht) fleet of twelve Fokker 100s.
