Qantas Group HY24 Results: more A321XLRs ordered

[tdimdad]

Only a font designer could write this.

I have no idea what that description attempted to tell but I like the new font nevertheless.

 

[moa999]

Think it basically meant just small changes.
It's still a sans serif font, of which Helvetica is probably the most well known.

It's interesting that the biggest obvious changes are quite obvious in Qantas itself.
The 'Q' is much more rounded.
And the 'a' goes to a two-storey version, rather than the single storey (or primary school version)

The latter choice is probably split among sans-serif fonts. Personally I think the single storey version is more modern, but there has been a move back to the classic (almost always used in serif fonts) version.

 

[RSVKanga]

are the extra 321XLRs compensation for the 350 delays?

I mean it’s not like the 321XLRs are on track to be delivered on time either…six month delay to June 2025 rather than December 2024.

 

[elanshin]

I mean it’s not like the 321XLRs are on track to be delivered on time either…six month delay to June 2025 rather than December 2024.

At this point who knows when the 321xlr will actually hit the market. Until we see that first delivery, there is effectively no real schedule given all the delays.

For all anyone knows EASA could find some issues with it and we see more delays.

 

[Mattg]

A few interesting points from the investor presentation slide on Qantas International:

• International yields remain strong despite returning capacity
• (13%) decline in RASK v 1H23 despite 39% growth in ASK. RASK remains +43% vs 1H19
• Capacity growth on some North America routes (e.g. LAX) stronger than expected, impacting seat factors

The main thing that stands out to me is that international airfare revenue was still 43% higher between July-December 2023 than in the equivalent period in 2018 (1H19). That's quite a lot.

Also shows that QF is feeling a bit of pain from United's rather aggressive expansion into the South Pacific, including onto routes like BNE-LAX.

 

[jrfsp]

A few interesting points from the investor presentation slide on Qantas International:



The main thing that stands out to me is that international airfare revenue was still 43% higher between July-December 2023 than in the equivalent period in 2018 (1H19). That's quite a lot.

Also shows that QF is feeling a bit of pain from United's rather aggressive expansion into the South Pacific, including onto routes like BNE-LAX.

The exchange rate can’t help either and DL adding BNE will only dilute yields further for the US.

 

[HS-TQE]

Plus DL getting taxpayer funding from the Queensland Government on a existing route wouldn't help QF either.

However in an election year, I wouldn't be surprised if the state government approaches QF with AAIF money on some initiatives such as replacing A330s with 787s, however in such a scenario, that probably also opens the floodgates for UA to apply for said funding on their seasonal LAX-BNE services.

 

[Cheatah]

A few interesting points from the investor presentation slide on Qantas International:



The main thing that stands out to me is that international airfare revenue was still 43% higher between July-December 2023 than in the equivalent period in 2018 (1H19). That's quite a lot.

Also shows that QF is feeling a bit of pain from United's rather aggressive expansion into the South Pacific, including onto routes like BNE-LAX.

Adding to this, on the Q&A investor call (recording avail on the QF website) they mentioned premium leisure has come off a bit recently and while mining flights are far above pre Covid typical "corporate" flights are still below.

New menu/food offerings in all classes on international flights starts March 1.