Australia’s Qantas says it will spend A$4.4 billion in the next two years - A$1.7 billion in the current financial year and A$2.7 billion in 2011 - for capital expenditure including 43 aircraft, eight of which will be Airbus A380s. The carrier has just begun a program where it is attempting to cut costs by A$1.5 billion within three years.
Australia’s Qantas says it will spend A$4.4 billion in the next two years - A$1.7 billion in the current financial year and A$2.7 billion in 2011 - for capital expenditure including 43 aircraft, eight of which will be Airbus A380s. The carrier has just begun a program where it is attempting to cut costs by A$1.5 billion within three years.
