From Bloomberg. Looks like up to 15 more 738s and 3 A330s are on the cards. I think this should just about stop speculation about QF not taking up it's 330 orders.
Mon, 24 Jun 2002, 09:06am EST
Qantas Talks With Boeing, Airbus About Possible
$862 Million Plane Orders
By Margreet Dietz and Kevin Foley
Sydney, June 24 (Bloomberg) -- Qantas Airways Ltd., which holds about 80
percent of the Australian market, is in talks with Boeing Co. and Airbus SAS
about buying additional planes for its domestic services, a spokesman said.
Sydney-based Qantas will hasten an upgrade program with additional investment
of as much as A$1.5 billion ($862 million) on planes to fend off rival Virgin Blue
Airlines Pty, the Australian Financial Review reported. Qantas spokesman
Michael Sharp wouldn't comment on the amount the airline may spend.
``We are talking to Boeing and Airbus'' about buying more planes, Sharp said.
``We are talking to Boeing about the possibility of getting some more 737-800's
and to Airbus about maybe some A330's'' and a decision is expected in a few
Qantas said in October it had agreed to buy 15 new Boeing 737- 800 aircraft and
had also taken options to purchase as many as 60 more planes. Qantas and
Virgin Blue Airlines Pty have shared the domestic aviation market since Ansett,
Air New Zealand Ltd.'s Australian unit, collapsed in September. Plans to revive it
failed in February.
``The situation at the moment is that airlines around the world who had ordered
aircraft, no longer need those,'' Sharp said. ``So there are opportunities for us.''
The airline is in talks with Boeing and Airbus to buy as many as 15 Boeing
737-800 aircraft and as many as three A330 planes from Airbus for domestic
routes. Sharp declined to comment on the number of additional planes.
The move to fast-track a 10-year A$13 billion capital expenditure program will
defend the airline's more than 80 percent share of domestic flights, the
Friday, Qantas said it wants to cut its management, finance, payroll and
frequent-flyer program costs by 15 percent by improving electronic systems to
compete against Virgin Blue.