As I previously have posted, QF will make a determination about purchase once they know what the state of the industry is. Given that one of the target markets is the USA, which is now the greatest issue of concern, I suspect it will be a while before there is any news about a purchase order.
Are you insinuating that the is a possibility Project Sunrise could be delayed or abandoned altogether???
No, that I never stated whatsoever. At this point in time, QF are not operating any international flights, domestic capacity is massively reduced, and even though they’ve stood down a large part of their workforce, they will be still incurring costs and are likely to be cash flow negative.
One of their key target markets, New York, is now in a grave situation with COVID19 and it will be sometime before the situation stabilises.
So given the financial and medical situations, do you think it prudent for any airline business to be committing the best part of US$3B on an aircraft purchase at this point in time?
Realistically, we’re not going to see much in the way of international air travel in the next 3 months, minimum. At best, we may see some recovery start in 4 to 6 months. But this will be determined by both the management of viral infections as well as the global economy. People out of work and bankrupt businesses will not be flying.
QF may very well be flying PS routes in 2023/2024 but the decision to commit to that is a decision that cannot be made at this point in time. The October to December timeframe to make that decision is not that far off in the scheme of things to be making a much better calculated decision.