Qantas 2014 Annual Report Download - page 18

Download and view the complete annual report

Please find page 18 of the 2014 Qantas annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 132

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

RENEWING OUR FLEET
Since 2008/2009, the Qantas Group has
taken delivery of more than 140 new
aircraft, bringing our average passenger
fleet age down to 7.7 years.
The benefits of fleet renewal are:
– Significant reductions in cost
through greater fuel efficiency and
less frequent heavy maintenance
requirements; and
– Increased customer satisfaction from
a better onboard experience. A380
routes, for example, gain consistently
high customer satisfaction ratings.
As part of the accelerated Qantas
Transformation program, the Group has
completed the retirement of all Qantas’
Boeing 737-400s, with the retirement of
all Boeing 767s to follow by early 2015.
Older B747s are also being retired at
pace, with just nine of Qantas’ youngest
of these aircraft – all fitted with A380-
standard interiors – to remain by early
2016, compared with a fleet of 35 in 2003.
We have realised significant cost
savings from fleet simplification, with
the reduction in the B747 fleet enabling
the closure of the Avalon maintenance
base, while A380s, B787s, A330s and
B737-800s are all considerably more fuel
efficient than the older models they are
replacing.
The Group continues to renew its regional
fleet, with five B717 jets and two next-
generation Q400 turboprops delivered
during the year. Network Aviation, the
Group’s FIFO airline, has completed the
retirement of its Brasilia turboprop fleet,
and now has a single fleet comprising 12
Fokker F100s.
16
QANTAS ANNUAL REPORT 2014