QAN 0.69% $7.17 qantas airways limited

News: QAN Qantas Invests In Regional Turboprop Fleet

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    June 25 (Reuters) - Qantas Airways Ltd (QAN) :

    • QANTAS GROUP INVESTS IN REGIONAL TURBOPROP FLEET
    • WILL ACQUIRE 14 ADDITIONAL MID-LIFE DASH 8-400 AIRCRAFT, WITH 19 SMALLER Q200 AND Q300 TURBOPROP AIRCRAFT TO BE GRADUALLY PHASED OUT OF FLEET.
    • NEW INVESTMENT IN ITS DEHAVILLAND DASH 8 TURBOPROP FLEET
    • FIRST AIRCRAFT WILL JOIN QANTASLINK FLEET BY END OF CALENDAR YEAR 2024
    • NET INVESTMENT IN FLEET WILL BE PREDOMINANTLY SPREAD ACROSS FY25 AND FY26 WITH MAJORITY IN FY25
    • INVESTMENT IN FY25 WILL BE MANAGED WITHIN EXISTING NET CAPEX GUIDANCE OF A$3.7BN TO A$3.9BN
 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.