traindoc
Topic Author
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Cost Of QF 380 Repair

Thu Apr 12, 2012 5:47 pm

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
 
SimProgrammer
Posts: 164
Joined: Thu Aug 19, 2004 1:50 am

RE: Cost Of QF 380 Repair

Thu Apr 12, 2012 5:51 pm

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

[Edited 2012-04-12 10:52:30]
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konrad
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RE: Cost Of QF 380 Repair

Thu Apr 12, 2012 5:52 pm

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!  
 
CaptainKramer
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RE: Cost Of QF 380 Repair

Thu Apr 12, 2012 6:17 pm

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.  
 
traindoc
Topic Author
Posts: 265
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RE: Cost Of QF 380 Repair

Thu Apr 12, 2012 8:06 pm

Ooopps! Wrong amount and currency.

Traindoc
 
Confuscius
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RE: Cost Of QF 380 Repair

Thu Apr 12, 2012 10:21 pm

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?
 
Ruscoe
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RE: Cost Of QF 380 Repair

Thu Apr 12, 2012 10:23 pm

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
 
AirframeAS
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RE: Cost Of QF 380 Repair

Thu Apr 12, 2012 11:01 pm

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.
 
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vhtje
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RE: Cost Of QF 380 Repair

Fri Apr 13, 2012 5:48 am

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.
 
qf002
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RE: Cost Of QF 380 Repair

Fri Apr 13, 2012 6:12 am

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.
 
StickShaker
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RE: Cost Of QF 380 Repair

Fri Apr 13, 2012 8:34 am

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.


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StickShaker
 
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zeke
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RE: Cost Of QF 380 Repair

Fri Apr 13, 2012 11:03 am

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.
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