Investor Presentaiton
New fleet technology driving long-term structural advantage and future earnings
Group fleet strategy secured
•
Group narrowbody fleet renewal
(refer to Investor Day)
៨)
Project Sunrise growth
Existing
programs
Current fleet
281
A330
CANTAS
Retirement starting from FY27
101
A380
QANTAS
+
Committed fleet from FY27+
4x
787-9
QANTAS
8x
787-10
Wews QANTAS...
12x A350-10002
QANTAS
Retirement starting from FY32
Total committed aircraft only.
The Group has purchase right options over the next
10 years to support fleet renewal and growth
New widebody commitments (further details in media release)
LOANTAS GROUP 1. Current number of aircraft in fleet as at 30 June 2023. 2. Non-ULR (ultra long-range) configuration.
Optimal time for widebody fleet renewal
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A330/A380s retiring at the end of their economic life
Strong Balance Sheet and transformed cost base
Leveraging pre-COVID purchase agreements to secure advantaged delivery slots.
and pricing with improved flexibility
Order book has increased flexibility; now positioned to deliver fleet renewal and growth
over the next 10+ years including purchase right options
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-
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Smooth profiles for pre-delivery payments with both manufacturers
Flexibility to shift the order book across aircraft types
Will apply the Financial Framework through the cycle to balance investment and
shareholder returns
Widebody fleet renewal provides access to next-generation technology
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Opening new market opportunities, diversifying network with more routes and
increasing fleet resilience and flexibility
Supports Qantas International EBIT growth through transformation benefits from
new fuel efficient aircraft and growth in key markets and customer segments
Airbus and Boeing providing priority access to SAF offtakes, significantly de-risking
2030 SAF target (see next slide)
FY23 Results | 9View entire presentation