Qantas orders dozens of planes from Airbus and plans non-stop flights to New York and London

Australia’s biggest airline, Qantas Airways Ltd., said it would order dozens of planes from European manufacturer Airbus SE, including new planes to fly non-stop between Australia and the United States and the Kingdom. -United.

Qantas said the new non-stop ultra-long-haul flights, dubbed Project Sunrise, would start from late 2025 and initially link Sydney with London and New York. The airline said the flights will build on the success of existing direct long-haul services, demand for which has increased following the Covid-19 pandemic.

“The board’s decision to approve what is the largest aircraft order in Australian aviation is a clear vote of confidence in the future of the Qantas Group,” said Qantas chief executive Alan Joyce.

Like many airlines, Qantas has had to cut staff and ground planes during the worst of the coronavirus pandemic, which has hampered travel around the world. However, travel demand has picked up in recent weeks and Australian airports have been overwhelmed with travelers over the Easter holiday.

Qantas has announced an order for 12 Airbus A350-1000s for its Project Sunrise flights. Qantas said these planes will be able to connect Australia directly to anywhere in the world, such as non-stop flights from Australia’s east coast to London and New York. Previously, Qantas flew non-stop from the east coast of Australia to cities such as Los Angeles and Dallas, and its service to London currently runs through Darwin.

Additionally, the airline said it is ordering 40 A321XLRs and A220s for its domestic fleet, along with 94 order options that will span at least a decade. These planes will replace aging Boeing 737s and 717s, Qantas said.

Combined with an existing order for its low-cost airline Jetstar, Qantas said its total group order with Airbus now includes 299 aircraft, half of which are direct orders and the other half are right-to-purchase options. .

Qantas also said on Monday domestic travel was returning to pre-Covid levels ahead of expectations. He said there is strong demand for international travel, but some key markets are not yet open.

Underlying earnings before interest, tax and other items, or Ebitda, are expected to be between A$450 million ($318 million) and A$550 million in the second half of fiscal 2022, the company said. Aerial. However, Qantas said it expects to post a large underlying loss before interest and tax for the full year, which includes the worst impacts of the Delta and Omicron Covid-19 variants.

Qantas said the group’s domestic capacity is expected to reach 105% of pre-Covid levels in the fourth quarter of financial year 2022, rising to around 110% – revised down from 115% – for the first quarter of FY2022. 2023. The group’s international capacity is expected to be just under 50% of pre-Covid levels by the end of the fourth fiscal quarter, increasing to around 70% in the first quarter of fiscal 2023.

Qantas did not disclose the cost of the Airbus order, but said a significant discount from the standard price should be assumed.

This story was published from a news agency feed with no text edits

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