Qantas today placed an $80 million price tag on the effect to its business of the November 4 uncontained engine failure on one of its Airbus A380s and the subsequent grounding of its superjumbo fleet.
“Given Paul Stinebring’s remarkable contributions to the International Business Aviation Council [IBAC], we believe it is entirely appropriate that he is receiving the John Winant Award,” said NBAA president and CEO Ed Bolen. “After all, it was John Winant who more than any other individual is responsible for the creation of IBAC.”
Australia’s Qantas has reached a new agreement with Boeing to advance delivery of the first of eight 787-8s it has on order to mid-2012, some two years earlier than last planned. Qantas plans to use the airplanes to expand the international route network of its Jetstar low-fare subsidiary, which expects the airplanes to arrive in a two-class, 313-seat cabin configuration.
Jetstar Airways has ordered V2500 turbofans from International Aero Engines for up to 90 Airbus A320s. The deal, signed here in Singapore last Thursday and worth up to $3.5 billion, also covers the cost of retrofitting V2500s on its 40 A320s to the latest SelectOne version of the engine as well as power-by-the hour maintenance coverage.
Low-cost carriers (LCCs) in the Asia-Pacific region have made “huge inroads in a relatively short time,” according to the Centre for Asia Pacific Aviation (CAPA). This market penetration has occurred despite somewhat restrictive regulations in some places and government tendencies to favor full-service flag carriers.
The Qantas Group has reduced its firm order for 65 Boeing 787-9s by 15 airplanes, delayed first delivery of the type by three years and suspended delivery of its order for fifteen 787-8s for four years, the Australian flag carrier said in a statement today.
Elvis Presley’s 1962 Lockheed JetStar–the only one of the three aircraft owned by The King still in private hands–was put on the auction block December 19 at the 35th Annual Las Vegas Collector Car Auction. According to auctioneer Kruse International, the jet has never been restored and features the original exterior and interior.
Australia’s Qantas Airways today kicked off scheduled service with its new Airbus A380 between Los Angeles and Melbourne, Australia. The first Qantas flight from Melbourne to the U.S. on the jumboliner landed on Runway 25L at Los Angeles International Airport (LAX) at about 7:30 a.m.
Australian flag-carrier Qantas last month announced it would enlist its wholly owned regional subsidiary, QantasLink, for a large-scale expansion along the country’s eastern seaboard in response from stronger demand from regional points in New South Wales, Victoria and Queensland.
Asia accounts for 25 percent of the world’s air traffic, a figure expected to grow to more than 30 percent in three years, largely thanks to the proliferation of low-cost carriers. With cheap fares, easy online bookings and direct connections to previously sleepy backwaters, budget carriers are bringing air travel to the masses in this part of the world.