Qantas Told to Spend on Aging Fleet

Qantas has delayed investing in its fleet, boosting profits but leading to an aging fleet. S&P Global Ratings warns of potential high costs if investments are not made soon. Qantas disputes this, citing existing orders and options for new aircraft. However, financial constraints like potential tax payments and debt targets may impact future investments. The fleet's age is higher than some competitors, which could affect maintenance costs and customer perception.

What has been the primary reason for Qantas delaying its fleet investment?

• To improve customer satisfaction

• To increase the number of flights

• To boost profits by capping capital expenditure

• To reduce the average age of its fleet

How has Qantas responded to the S&P Global Ratings report?

• By ignoring the report and continuing with their current strategy

• By rejecting the report and highlighting their current fleet investments

• By planning to sell older aircraft

• By agreeing with the report and planning immediate investments

What financial challenge might Qantas face starting in 2020?

• A decrease in passenger numbers

• The need to start paying company tax

• Higher maintenance costs

• Increased fuel costs

How does the average age of Qantas' fleet compare to Emirates?

• It is slightly older than Emirates' fleet

• It is double the average age of Emirates' fleet

• It is the same age as Emirates' fleet

• It is younger than Emirates' fleet

What is a potential consequence of an aging fleet for Qantas?

• Lower ticket prices

• Higher maintenance costs and customer dissatisfaction

• Improved safety standards

• Increased fuel efficiency