AIRLINK 195.30 Decreased By ▼ -2.67 (-1.35%)
BOP 9.87 Decreased By ▼ -0.17 (-1.69%)
CNERGY 7.33 Increased By ▲ 0.04 (0.55%)
FCCL 39.03 Increased By ▲ 3.03 (8.42%)
FFL 16.50 Decreased By ▼ -0.41 (-2.42%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 131.61 Decreased By ▼ -2.42 (-1.81%)
HUMNL 13.80 Decreased By ▼ -0.34 (-2.4%)
KEL 4.67 Decreased By ▼ -0.11 (-2.3%)
KOSM 6.64 Decreased By ▼ -0.30 (-4.32%)
MLCF 45.30 Increased By ▲ 0.32 (0.71%)
OGDC 214.51 Decreased By ▼ -3.72 (-1.7%)
PACE 6.89 Decreased By ▼ -0.05 (-0.72%)
PAEL 40.10 Decreased By ▼ -1.32 (-3.19%)
PIAHCLA 16.80 Decreased By ▼ -0.06 (-0.36%)
PIBTL 8.35 Decreased By ▼ -0.11 (-1.3%)
POWER 9.49 Increased By ▲ 0.10 (1.06%)
PPL 182.50 Decreased By ▼ -3.43 (-1.84%)
PRL 41.80 Increased By ▲ 0.53 (1.28%)
PTC 24.53 Decreased By ▼ -0.24 (-0.97%)
SEARL 103.00 Decreased By ▼ -1.65 (-1.58%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.49 Decreased By ▼ -1.42 (-3.47%)
SYM 17.30 Decreased By ▼ -0.75 (-4.16%)
TELE 8.77 Decreased By ▼ -0.14 (-1.57%)
TPLP 12.71 Decreased By ▼ -0.13 (-1.01%)
TRG 65.49 Decreased By ▼ -1.11 (-1.67%)
WAVESAPP 11.14 Decreased By ▼ -0.16 (-1.42%)
WTL 1.71 Decreased By ▼ -0.07 (-3.93%)
YOUW 3.96 Decreased By ▼ -0.04 (-1%)
BR100 11,988 Decreased By -121.3 (-1%)
BR30 36,198 Decreased By -400.2 (-1.09%)
KSE100 113,443 Decreased By -1598.8 (-1.39%)
KSE30 35,635 Decreased By -564.3 (-1.56%)
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.