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A total of 12 additional 787s are on order for the Flying Kangaroo, alongside 16 A321XLRs configured for international and transcontinental travel. These A321XLRs will feature the first lie-flat business class seats on a Qantas narrow-body aircraft, and will begin arriving from 2028.
The national carrier is bringing forward the superjumbos’ retirement, which had been planned for the early 2030s, to 2028 as it holds talks with Boeing and Airbus about converting around 20 existing purchase right options to firm orders from 2030.
The Flying Kangaroo saw a $1.29 billion statutory profit after tax for 2025–26, down $316 million on the previous financial year, with mitigation actions undertaken in response to the conflict reducing the impact of a $610 million increase in Qantas’ fuel costs.
The charter, ACMI, and FIFO operator said the statutory loss reflects “non-cash impairment and asset write-downs” primarily associated with its Fokker fleet. Alliance has also announced a $40 million equity raising following media speculation earlier in the week.
In a report from S&P Global Ratings, data from 22 airlines in the region including Qantas and Air New Zealand, which all together account for around 85 per cent of Asia-Pacific market capitalisation, showed “close to 5,700 aircraft on order and over US$300 billion in capital commitments”.
The low-cost carrier’s inaugural Colombo flight, JQ5, took off from Melbourne just after 12:30pm on Tuesday aboard the 787-8 Dreamliner VH-VKA. Jetstar is the first Australian airline to operate the route, and will compete with SriLankan Airlines.
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