Qantas holds off on fleet purchase

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NM

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From TheAustralian.news.com.au
QANTAS is believed to have ended a marathon board meeting yesterday without finalising its $15-20 billion fleet plans.

Late revisions by manufacturers Boeing and Airbus reportedly left the board unable to sign off on a deal yesterday, and an announcement was believed to be imminent.
 
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According to a News Item on the Qantas web site there will be a meeting next week (14 Dec) to discuss the long term fleet plan.


Sydney, 08 December 2005
The Board of Qantas Airways yesterday approved the establishment of a new long haul value based airline under the Jetstar brand.

The Chief Executive Officer of Qantas, Mr Geoff Dixon, said Jetstar would commence its international operations no later than January 2007.

Mr Dixon said the Qantas Board had also called a special meeting for Wednesday, 14 December, to further consider its long term fleet plan.
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