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Qantas to break London flight barrier with Airbus jet order -sources

Sunday, May 1, 2022

By Jamie Freed and Tim Hepher

SYDNEY (Reuters) -Qantas Airways Ltd is set to announce a landmark order for Airbus SE (OTC:EADSY) A350-1000 jets capable of nonstop flights from Sydney to London as part of a wider deal with the European planemaker, industry sources told Reuters.

The multibillion-dollar order, to be unveiled in a Sydney airport hangar on Monday, brings the Australian carrier a step closer to launching record-breaking direct flights of nearly 20 hours on the lucrative "Kangaroo route" by mid-2025.

Qantas has touted plans for the world's longest commercial flights for more than five years, but delayed its "Project Sunrise" due to the coronavirus pandemic.

The deal is a breakthrough for veteran Qantas Chief Executive Alan Joyce who has described nonstop Sydney-London flights as the Holy Grail for the 101-year-old carrier.

The Australian airline launched the route in 1947 with Lockheed Constellations, when it took several stops and 58 hours of flying. Today's one-stop flights take almost 24 hours.

The expansion comes days after Boeing (NYSE:BA) Co further delayed development of its 777X jetliner, which had at one stage been in contention to allow direct flights from Australia's east coast to London and New York.

An Airbus-owned A350-1000 was flying on Sunday from Toulouse to Perth, tracking service FlightRadar24 showed.

Qantas, which has said it would make a significant announcement on Monday about the future of its network, declined to comment. Airbus also declined to comment.

On Sunday, the West Australian newspaper said, without citing sources, that the Qantas order would include 12 A350s, 20 A321XLRs and 20 A220s as well as purchase rights for 106 more airplanes spread among the different types.

Qantas in December selected Airbus as the preferred supplier for a major order to renew its ageing narrowbody fleet, in a blow to its incumbent supplier Boeing.

An airBaltic A220 was parked in Sydney on Sunday, FlightRadar24 showed. That destination is not on a normal route for the European carrier. Australia has no A220 operators at present.

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22-05-2022 11:57:52 (UTC+7)

EUR/USD

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EUR/USD

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 EUR/USD1.0562↑ Buy
 GBP/USD1.2489Neutral
 USD/JPY127.86Neutral
 AUD/USD0.7039Sell
 USD/CAD1.2839↑ Buy
 EUR/JPY135.05Neutral
 EUR/CHF1.0296↑ Buy
 Gold1,845.10↑ Buy
 Silver21.765↑ Sell
 Copper4.3042↑ Buy
 Crude Oil WTI110.35↑ Sell
 Brent Oil112.91↑ Sell
 Natural Gas8.058↑ Sell
 US Coffee C216.48↑ Buy
 Euro Stoxx 503,657.03↑ Buy
 S&P 5003,901.36↑ Buy
 DAX13,981.91Buy
 FTSE 1007,389.98Neutral
 Hang Seng20,717.24↑ Sell
 Small Cap 20001,773.27↑ Buy
 IBEX 358,484.50Neutral
 BASF48.850Buy
 Bayer63.74Buy
 Allianz195.58Buy
 Adidas172.80Buy
 Lufthansa6.852↑ Sell
 Siemens AG115.08Neutral
 Deutsche Bank AG9.362Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,875/ 6,975
(6,875/ 6,975) # 1,795
SJC HCM6,895/ 6,985
(0/ 0) # 1,800
SJC Hanoi6,895/ 6,987
(0/ 0) # 1,802
SJC Danang6,895/ 6,987
(0/ 0) # 1,802
SJC Nhatrang6,895/ 6,987
(0/ 0) # 1,802
SJC Cantho6,895/ 6,987
(0/ 0) # 1,802
Cập nhật 22-05-2022 11:57:54
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