413X3 From United States of America, joined Jul 2008, 1983 posts, RR: 0 Posted (3 years 10 months 1 week 3 days 9 hours ago) and read 4460 times:
Why doesn't Qantas use their own fleet of 747-400F's? It seems they've been leasing 2 from Atlas for years now. If they have such consistent demand wouldn't 2 747F's be a good option? And they have plenty of 747 qualified pilots.
LAXintl From United States of America, joined May 2000, 25062 posts, RR: 46
Reply 1, posted (3 years 10 months 1 week 3 days 9 hours ago) and read 4404 times:
Well its only cost $150mil+ to have purchased a 744F.
The ACMI leasing lets them get aircraft without any of the ownership headaches.
Its likely the whole QF freight business model would be very different if it had to support the added ownership and operational cost of having your own equipment. As I recall in 2005 or 2006 QF did review getting its own widebodies but the numbers and business risk did not make sense.
So for now the leases work better. They also have ATSG 767SF freighter leased from the US.
p.s.- its 3 Atlas birds they currently use.
From the desert to the sea, to all of Southern California