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Cost Of QF 380 Repair  
User currently offlinetraindoc From United States of America, joined Mar 2008, 352 posts, RR: 0
Posted (2 years 4 months 1 week 3 days 2 hours ago) and read 10119 times:

From the April 12 online issue of Aviation Week:


Qantas Reveals Final Repair Bill For Damaged A380


"By Adrian Schofield

Qantas’ final repair bill for the Airbus A380 damaged in Singapore in 2010 will be A$139 million ($143.3 million), more than one-third the list price for a new aircraft.

The aircraft—VH-OQA—is set to fly from Singapore to Sydney on April 21, with revenue service resuming later in the month, says the Australian operator. The repaired aircraft currently is undergoing final tests.

VH-OQA suffered an uncontained engine failure after takeoff from Singapore on Nov. 4, 2010, resulting in major damage. The A380 made an emergency landing and has been grounded for repair ever since."

FYI,the retail price of a new A380 is about $390 billion! Apparently the cost was covered by Qantas insurance company.

Traindoc

11 replies: All unread, jump to last
 
User currently offlineSimProgrammer From France, joined Aug 2004, 193 posts, RR: 0
Reply 1, posted (2 years 4 months 1 week 3 days 2 hours ago) and read 10099 times:

A380 lists at 380M Eur, never been $390bn

[Edited 2012-04-12 10:52:30]


Drive a bus, an Airbus, easier than a London bus!
User currently offlinekonrad From United States of America, joined Mar 2002, 524 posts, RR: 0
Reply 2, posted (2 years 4 months 1 week 3 days 2 hours ago) and read 10084 times:

Quoting traindoc (Thread starter):
Qantas’ final repair bill for the Airbus A380 damaged in Singapore in 2010 will be A$139 million ($143.3 million), more than one-third the list price for a new aircraft.
(...) Apparently the cost was covered by Qantas insurance company.

With this bill Qantas must have lost their no-claims bonus!  


User currently offlineCaptainKramer From United Kingdom, joined Feb 2012, 225 posts, RR: 0
Reply 3, posted (2 years 4 months 1 week 3 days 1 hour ago) and read 9953 times:

Konrad,

I think Qantas lost that when they chose to repair a B747-400 that over ran a Bangkok runway one wet night, it was practically a write off and cost a cool $100million. Still it kept there safety record impeccable, so long as you turn a blind eye to the last 3 years or so.  


User currently offlinetraindoc From United States of America, joined Mar 2008, 352 posts, RR: 0
Reply 4, posted (2 years 4 months 1 week 3 days ago) and read 9702 times:

Ooopps! Wrong amount and currency.

Traindoc


User currently offlineConfuscius From United States of America, joined Aug 2001, 3852 posts, RR: 1
Reply 5, posted (2 years 4 months 1 week 2 days 21 hours ago) and read 9455 times:

Quoting traindoc (Thread starter):
Qantas’ final repair bill for the Airbus A380 damaged in Singapore in 2010 will be A$139 million
($143.3 million), more than one-third the list price for a new aircraft...
Apparently the cost was covered by Qantas insurance company.

Was the lost passenger revenue covered as well? Or was it Airbus and Rolls Royce responsibility?

Quoting traindoc (Thread starter):
the retail price of a new A380 is about $390 billion!

What would the monthly lease payment if it cost $390 bn?



Ain't I a stinker?
User currently offlineRuscoe From Australia, joined Aug 1999, 1556 posts, RR: 2
Reply 6, posted (2 years 4 months 1 week 2 days 21 hours ago) and read 9448 times:

At the time of the original order the rumour was they paid A$144 million. No idea what that number includes.

Qantas have this thing about not loosing a jet hull, which is speculated,why they repaired the 747 that overran in SE Asia.

Ruscoe


User currently offlineAirframeAS From United States of America, joined Feb 2004, 14150 posts, RR: 24
Reply 7, posted (2 years 4 months 1 week 2 days 21 hours ago) and read 9317 times:

Quoting Confuscius (Reply 5):
Was the lost passenger revenue covered as well?

You cannot claim lost revenue on hull insurance.

Quoting Confuscius (Reply 5):
Or was it Airbus and Rolls Royce responsibility?

I think QF will bill Airbus and RR for the damage since the aircraft was under warranty.



A Safe Flight Begins With Quality Maintenance On The Ground.
User currently offlinevhtje From United Kingdom, joined Jan 2009, 371 posts, RR: 0
Reply 8, posted (2 years 4 months 1 week 2 days 14 hours ago) and read 7845 times:
Support Airliners.net - become a First Class Member!

Quoting konrad (Reply 2):
With this bill Qantas must have lost their no-claims bonus!

The bill was settled by RR's insurance company, not QF's.


User currently offlineqf002 From Australia, joined Jul 2011, 2960 posts, RR: 2
Reply 9, posted (2 years 4 months 1 week 2 days 13 hours ago) and read 7655 times:

Quoting Ruscoe (Reply 6):
At the time of the original order the rumour was they paid A$144 million. No idea what that number includes.

If this figure is correct, I imagine it is for the frame only... QF leases the engines, which form a decent chunk of the total cost. It's still very low though, considering there's very little competition in the segment, and that the aircraft has turned out pretty well.

Lost revenue etc has been covered by the RR compensation payout, which was said to be around $80million and was paid a year ago. There is speciation that QF might get a little more in compensation due to the prolonged repair time, but we won't know about that until the Annual Reports are released later this year.


User currently offlineStickShaker From Australia, joined Sep 2004, 753 posts, RR: 5
Reply 10, posted (2 years 4 months 1 week 2 days 11 hours ago) and read 6508 times:

Quoting Ruscoe (Reply 6):
Qantas have this thing about not loosing a jet hull, which is speculated,why they repaired the 747 that overran in SE Asia.

QF protested at the time that it was solely a decision for the insurers, which sounds reasonable as there is not much scope for a publicly listed company to play games with insurance claims. The 744 was still the principal long haul aircraft at the time and the replacement cost would have been quite high.

The fact that the over-run occurred at all was quite an embarrassment at the time.


Regards,
StickShaker


User currently offlinezeke From Hong Kong, joined Dec 2006, 8996 posts, RR: 75
Reply 11, posted (2 years 4 months 1 week 2 days 9 hours ago) and read 5318 times:

Quoting traindoc (Thread starter):
Qantas’ final repair bill for the Airbus A380 damaged in Singapore in 2010 will be A$139 million ($143.3 million), more than one-third the list price for a new aircraft.

What does that number include ?

I heard the actual physical repair to the airframe/engine was around 40 million, and I note that RR paid QF around 100 million in compensation. To put things into perspective, to do a freighter conversion on a 744 where the interior is gutted, floor replaced, cargo loading system installed, and a freight door installed is around 20-25 million, that can take over 20 months.

Quoting Ruscoe (Reply 6):
At the time of the original order the rumour was they paid A$144 million

That sounds reasonable to me, the interior would be additional, and the engines/apu power by the hour.



We are addicted to our thoughts. We cannot change anything if we cannot change our thinking – Santosh Kalwar
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