Arab Today, arab today qantas cancels orders for 35 boeing 787 aircraft
Last Updated : GMT 15:30:37
Arab Today, arab today
Arab Today, arab today

Qantas cancels orders for 35 Boeing 787 aircraft

Arab Today, arab today

Arab Today, arab today Qantas cancels orders for 35 Boeing 787 aircraft

Sydney - AFP

Embattled Australian flag carrier Qantas Airways on Wednesday cancelled orders for 35 Boeing 787 aircraft to cut costs after posting a steep full-year net loss. The decision represents an $US8.5 billion reduction in capital expenditure at list prices, it said. \"Qantas continues to practice disciplined capital management and, in the context of returning Qantas International to profit, this is a prudent decision,\" said chief executive Alan Joyce. While the orders for 35 of the planes were put off, delivery of 15 787s to its budget offshoot Jetstar will continue as planned, with the first aircraft to arrive in the second half of 2012. This will enable the transfer of Airbus A330 aircraft from Jetstar to Qantas\' domestic service, and the eventual retirement of Qantas\' Boeing 767 fleet. \"The B787 is an excellent aircraft and remains an important part of our future,\" added Joyce. \"However, circumstances have changed significantly since our order several years ago. It is vital that we allocate capital carefully across all parts of the group. \"Qantas has always maintained flexibility in its fleet plan and made changes when required.\" The decision was made as the airline posted a full-year net loss of Aus$244 million (US$256 million), compared to a net profit of Aus$250 million (US$262 million) in the previous year.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qantas cancels orders for 35 boeing 787 aircraft Arab Today, arab today qantas cancels orders for 35 boeing 787 aircraft

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:03 2017 Thursday ,23 March

Spider Venom May Offer Hope to Stroke Victims

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday