Opinion

What’s worse than old planes? Not having any at all

Qantas and Virgin Australia face long waits for new jets – a crucial part of their strategy to bring down costs and keep customers happy.

Ayesha de KretserSenior reporter

Apr 7, 2024 – 6.19pm

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As turmoil engulfs Boeing – following a series of incidents with its next-generation 737 MAX-9 plane and the resignation of its chief executive – a quiet storm is brewing when it comes to the transformation plans being touted by Qantas and Virgin Australia.

Both airlines are waiting for mega orders of new planes that are meant to bring huge benefits to their respective earnings – and to their customers.

Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets.