Qantas 2010 Annual Report Download - page 10

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THE QANTAS GROUP 8
It has been a busy and productive year
at the Qantas Group.
Our strategy is to create two airlines –
Qantas and Jetstar – that are the best in
their class, and which will continue to give
us the exibility to ride economic cycles,
leverage different sectors of the market,
and maintain a robust operating cash ow.
Our eet strategy reects this approach.
With Marc Newson’s signature design
and a dedicated crew in all cabins, the
Qantas Airbus 380 has become a
destination in its own right. We will
have 10 in service by 2011, and a further
10 coming into service over the next
ve years.
We have also brought forward our order
for 50 Boeing 787s, with the rst now due
in mid-2012. We will be the second largest
airline customer for these new-era aircraft
– offering improved technologies, lower
operating costs, fuel efciencies, and
greater passenger comfort.
The rst 15 B787s will go to Jetstar
International, enabling the transfer of
A330-200s to Qantas and the earlier
retirement of eight Qantas B767-300ERs,
effectively renewing both airlines’ eets.
CEO’s Report
Our strategy is to create two airlines – Qantas and Jetstar
– that are the best in their class, giving us theexibility
to ride economic cycles, leverage different sectors of the
market, and maintain a robust operating cashow.