Australian Carriers Hold Off On New Orders

By Adrian Schofield
Source: Aviation Week & Space Technology
September 09, 2013

Australia's two major airlines both intend to place new orders for long-haul aircraft, but with their financial performance still far short of target, firm commitments remain elusive.

Qantas holds 50 options and purchase rights for Boeing 787-9s, but it will not convert these to orders until its international unit returns to profitability, which is projected to be around 2015. Virgin Australia, having slipped back into the red, is weighing whether to order 787s or Airbus A350s. However, its decision timetable appears to have lengthened and it may not come for a year or more.

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