AIRLINK 177.56 Increased By ▲ 1.24 (0.7%)
BOP 13.33 Decreased By ▼ -0.12 (-0.89%)
CNERGY 7.52 Increased By ▲ 0.03 (0.4%)
FCCL 45.39 Increased By ▲ 0.10 (0.22%)
FFL 16.10 Increased By ▲ 0.88 (5.78%)
FLYNG 27.60 Increased By ▲ 0.60 (2.22%)
HUBC 133.80 Increased By ▲ 0.70 (0.53%)
HUMNL 13.09 Increased By ▲ 0.08 (0.61%)
KEL 4.44 Decreased By ▼ -0.01 (-0.22%)
KOSM 5.90 Decreased By ▼ -0.06 (-1.01%)
MLCF 58.75 Increased By ▲ 0.72 (1.24%)
OGDC 219.39 Increased By ▲ 1.11 (0.51%)
PACE 5.88 Increased By ▲ 0.01 (0.17%)
PAEL 42.75 Increased By ▲ 1.13 (2.72%)
PIAHCLA 16.50 Increased By ▲ 0.14 (0.86%)
PIBTL 9.95 Increased By ▲ 0.53 (5.63%)
POWER 12.00 Increased By ▲ 0.12 (1.01%)
PPL 183.60 Decreased By ▼ -1.02 (-0.55%)
PRL 35.30 Increased By ▲ 0.12 (0.34%)
PTC 24.35 Increased By ▲ 0.65 (2.74%)
SEARL 95.22 Increased By ▲ 0.69 (0.73%)
SILK 1.16 Decreased By ▼ -0.01 (-0.85%)
SSGC 37.32 Increased By ▲ 0.12 (0.32%)
SYM 16.07 Decreased By ▼ -0.11 (-0.68%)
TELE 7.92 Increased By ▲ 0.05 (0.64%)
TPLP 10.85 Increased By ▲ 0.11 (1.02%)
TRG 60.78 Decreased By ▼ -0.56 (-0.91%)
WAVESAPP 10.73 Decreased By ▼ -0.04 (-0.37%)
WTL 1.35 Increased By ▲ 0.01 (0.75%)
YOUW 3.78 Increased By ▲ 0.02 (0.53%)
BR100 12,241 Decreased By -3.2 (-0.03%)
BR30 37,565 Increased By 190 (0.51%)
KSE100 115,528 Increased By 434.2 (0.38%)
KSE30 35,651 Increased By 40.1 (0.11%)
Business & Finance

New Qantas Boeing 787 Hibernates in Storage

  • Waiting for international travel to resume, Qantas' newly launched Boeing 787-9 quietly hibernates in Victorville, with the majority of Qantas Dreamliner fleet.
Published November 13, 2020
Source: Reuters
Source: Reuters

Waiting for international travel to resume, Qantas' newly launched Boeing 787-9 quietly hibernates in Victorville, with the majority of Qantas Dreamliner fleet.

As the carrier predicts a significant decrease in travel demand for an extended period of time, it announced that it will be moving several of its Boeing 787s from Australia to service in the United States.

From September onwards, most of Qantas' 787 fleet will be flown to Victorville, California, where they will join Qantas Airbus A380s and other aircraft carriers to wait for the end of the COVID-19 pandemic.

Qantas spokesperson explained that "the humidity in California is much lower than in Australia, so it’s much better for long-term storage of aircraft – the same reason why we’ve moved our A380s there. All of the aircraft will be looked after by our Los Angeles-based engineering team.”

It is also reported that the carrier has secured loans worth $1.6 billion against ten Dreamliners to boost its liquidity. Qantas also plans on reducing its costs by $15 billion through its three-year 'rightsize, restructure and recapitalise' plan.

Although, The International Air Transport Association claims it will take until 2024 for global air traffic to return to pre-pandemic levels, Qantas will deploy 787s to re-launch international services when the time comes

Comments

Comments are closed.