Qantas Group making ‘good progress’ in long term fleet strategy

    Qantas Group CEO Alan Joyce reported (21-Feb-2019) the group has made “good progress” in its long term fleet strategy, with the arrival of more Boeing 787s and retirement of 747s. The group took delivery of three additional 787-9 aircraft for Qantas International in H1FY2018/2019, increasing its fleet to a total eight aircraft and retired one additional 747-400. Qantas Group fleet totalled 315 aircraft as at 31-Dec-2018, 55% of which is unencumbered with an approximate value of USD3.7 billion, including all the Qantas International 787-9 aircraft.