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 challenges does Qantas face regarding its fleet renewal and investment strategy?

In what ways does the aging fleet of Qantas affect customer perception and operational costs?