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Jun24
"We Will Get It" Says Qantas CEO As He Refers to Compensation for A380
Chief Executive Officer of Qantas, Geoff Dixon, has said the airline will be receiving compensation from Airbus over their scheduled late delievery of 12 Airbus A380s. 

"We won't just seek it, we will get it," he said.  "We have contracts with conditions that require Airbus to compensate us based on delivery timetables and many of those have been activated."

However, Mr Dixon said the airline would not discuss how big the compensation payments would be.

Airbus said last week that the delivery schedule for its A380 super jumbo had been pushed back by six to seven months due to problems installing electrical wiring.

The Australian
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Here is what I believe the compensation will be like:

Qantas was suppose to receive their first A380 in November of this year but it was pushed back to April of 2007, thus resulting in an entry of the A380 in late April or early May of 2007.  Qantas was going to be putting the A380 on their Sydney-LA and their Sydney-London runs. 

Qantas will probably run estimates of how much money they would have made on those runs from the time they were suppose to have their aircraft in service.  And Airbus will probably compenstate a percentage of that estimated intake of revenue. 

Lets see, an additional 150 seats per run on the Sydney-LA and Sydney-London run over the busy busy busy holiday season and high tourist season in Australia. 

150 Extra seats 
x  $2500 US dollars for ticket from LA-Sydney (rt)

=  $375,000 US per/run

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