Qantas announces fleet expansion, boosts Network

– Five leased 737-800s, and the extension of leases on a further two 737-800s, for Qantas;

– Ten leased A320s for Jetstar, and the extension of leases on 11 A320s;

– An additional leased A330-200 for Jetstar;

– Two additional leased 717s for QantasLink; and

– The purchase of 10 Fokker 100s for Network Aviation.

The Fokker 100s for the newly acquired Network business represent a significant expansion for the Perth based resource charter airline.

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“Our intention from day one has been to grow Network, and today’s announcement will increase its F100 fleet five-fold,” Qantas CEO Alan Joyce said.

The 737s and A320s will be predominantly used for domestic services to “maintain its [the Qantas Group’s] profit maximising 65 per cent domestic market share”, according to Joyce.