28 August 2014
- Domestic and international operations to be split
- Airbus A320: Five aircraft on order for Jetstar have been sold. Orders for 21 A320ceos have been converted to orders for the more-fuel-efficient A320neos, with delivery delayed by four years. This means that Jetstar (Qantas Group) has orders for a total of 99 A320neos;
- Airbus A330-200: Two leased aircraft to leave the fleet when their leases expire in late 2015 (believed to be VH-EBH and VH-EBI);
- Boeing 737-800: Two to be disposed of – one from Qantas Domestic (believed to be VH-VYI, which is already on Boeing’s website as available for lease), plus one from Qantas JetConnect;
- Boeing 767-300ER: Fleet to be withdrawn earlier than planned – all ten remaining 767s to go by the end of 2014;
- Boeing 787 Dreamliner: The first of 50 Boeing 787 options and purchase rights have been deferred again, from 2016 to 2017;
- $2.6 billion non-cash writedown of the value of the Qantas International fleet;
- $428 million in redundancy and restructuring expenses;
- $400 million in non-cash costs related to early aircraft retirements;
- Underlying loss before tax of $646 million, excluding the above one-off costs and writedowns;
- 2,500 staff have been made redundant out of the 5,000 previously announced
Many aviation industry analysts, Qantas staff and independent Senator Nick Xenophon are calling for the Qantas Chairman Leigh Clifford and CEO Alan Joyce to step down: