Cargo Airlines Fleet Directory

Questions that Qantas investors may like to have answered

If you are an investor interested Qantas, not "just" an employee or union member, would not you like to know the truth about how much, if at any full service Qantas brand was used to subsidize low-cost Jetstar brand?

Of course, this is a zero sum game, in a sense. But if the very future of the carrier depends on a new strategy that combines risky investments in Asia with the gift of the business to competitors Qantas friendly why not find out the truth of the proposition that Qantas is the bleeding money as a viable and Jetstar is a gold mine that props up the rest of the carrier?

This is what the union registered professional engineer, the ALAEA is planning to do in this long letter to Qantas management, signed by Steve Purvin, the Federal Secretary.

It read, even if you think unions should be banned and paid workers parity with the conditions in the poorer Asian economies.

As noted in a number of forums, the ALAEA is extremely suspicious of recent public statements made ​​by the management of Qantas on the profitability of certain parts of its business.Of particular interest are the recent comments stating that Qantas International lost $ 200 million last year. Since the annual and financial Qantas Group includes domestic and international Qantas and QantasLink in the "Qantas" segment, it is difficult for investors to determine whether comments about the loss of Qantas International is accurate or true .

Despite this, when negotiating the enterprise agreement Qantas management have used these statements as evidence in support of their arguments on the need for change.While ALAEA was more than willing to discuss the change, we do not support the change based on public statements made by managers of Qantas, without supporting data. In addition, we suspect that many of the changes sought can actually affect productivity and ultimately lead to a less profitable business.

The truth or otherwise of these public statements is not that we can accurately assess at present. For us, this exercise is like finding a needle in a haystack that the Qantas Group's business is vast and complex.What we do know is that our members have reported cases where it appears the segment Qantas - Qantas international and in particular - is to subsidize non Qantas segments of the company. For example, times when the services were provided by Qantas and charge sheets filled only for the same charge-sheet will not be processed. For us it is a signal that something is happening that could lead to a part of the company appear more profitable than the other.

Cathay Pacific Continues Fleet Modernisation and Growth with ...

Cathay Pacific Continues Fleet Modernisation and Growth with Latest Boeing Order

Cathay Pacific Airways today announced that it is continuing to make significant investments to modernise and grow its fleet, entering into an agreement with The Boeing Company to purchase four Boeing 777-300ER passenger aircraft and eight Boeing 777-200 Freighters.

The 12 new aircraft have a list price of about HK$25.6 billion but will be acquired at a considerable discount, as is the usual practice in such transactions. The aircraft are expected to be delivered to the airline between 2013 and 2016 and will be powered by General Electric GE90 engines.

The airline already operates 22 Boeing 777-300ERs on its key long-haul routes, and with the latest purchase will have another 28 on order for delivery up to 2015. The airline plans to retire the older aircraft in its fleet, including 21 Boeing 747-400s and 13 Airbus A340-300s, before the end of the decade as it progressively takes delivery of new-generation aircraft that will provide much greater fuel and operating cost efficiencies.

The Boeing 777-200F is a new aircraft type for Cathay Pacific and will be used to grow the freighter fleet and at the same time replace older, less fuel-efficient Boeing 747-400BCF Converted Freighters. For a typical 3,000 nautical mile trip, the 777-200F will burn 15% and 24% less fuel per payload tonne than the 747-400F and 747-400BCF respectively.

The new aircraft, which can fly 4,900 nautical miles with a full payload of 102 tonnes, will primarily be used on regional and European routes. The airline is also taking delivery of 10 new Boeing 747-8 Freighters, with the first two now scheduled to arrive in late September and another three being delivered by the end of 2011. The 747-8s, with a payload of nearly 130 tonnes, will be used almost exclusively on routes between Hong Kong and North America.

Cathay Pacific currently has 21 wide-bodied freighters in its fleet, but two Boeing 747-400BCFs will be sold to the airline’s cargo joint venture with Air China (in addition to the two that have already been sold), while one or two more will be dry-leased to all-cargo subsidiary Air Hong Kong (two have already joined the AHK fleet). Following the arrival of the new purchases and the departure of the BCFs, Cathay Pacific’s freighter fleet will number up to 35 aircraft by 2016.

With the latest purchases, Cathay Pacific now has a total of 97 new aircraft, including 79 wide-body passenger and 18 freighter aircraft, on its books for delivery up to 2019. The value of these aircraft at list prices is almost HK$200 billion. These aircraft on firm order include: 28 Boeing 777-300ERs, 19 Airbus A330s, 32 Airbus A350-900s, 10 Boeing 747-8Fs and eight Boeing 777-200Fs.

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