« Jetstar Australia Gives Up Open Seating Policy | Main | Virgin Atlantic Doubles Yearly Profit »

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
-------------------------------------------------------------

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

related entries


0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Jetstar Australia Gives Up Open Seating Policy | Main | Virgin Atlantic Doubles Yearly Profit »

Advertise

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



TheAirlineHub is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb