Honestly the market right now is extremely volatile. I suspect we're going to see a major down turn in leisure travel heading into next year if the trend of discretionary spending continues. Last year and this year are sort of outliers with many holidays and trips booked coming out of covid but once all that travel bank and travel demand finishes, forward bookings are likely going to be weak for next year.
Overall, the airline industry is likely to continue to keep growing but we're likely in for a couple of coughpy years with the current economy.
So in that sense Im not surprised QF is taking a more sort of middle of the road approach with their fleet renewal strategy today.
Who knows maybe in 3-4 years, the economy has rebound, the 777X is flying, airbus decides to restart the 380 program and make a NEO. QF can re-evaluate the position then.
