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Qantas says cost to fly may rise, Due to Soaring Jet Fuel Prices

Qantas Retains Top Spot as Most Punctual Major Domestic Airline

Qantas has been absorbing a $200 million increase in fuel costs, the airline warned that if prices continue to rise, the costs may be passed on to customers and it may raise its already high ticket rates.

The airline reported in a market update that fuel costs have gone up 30% since May of this year, including 10% just in the past month. “This is driven by a combination of higher oil prices, higher refiner margins, and a lower Australian dollar,” Qantas stated.

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But Qantas asserted that it will keep an eye on fuel costs in the upcoming months and “look to adjust its settings” if they continue to be this high. Any modifications would aim to strike a balance between the need for reasonably priced travel in a situation where tickets are already high, according to Qantas.

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Qantas and competing airlines use methods of hedging to control erratic pricing changes. An effort to win back consumer support that included an apology from the airline’s new CEO, Vanessa Hudson, and a commitment to rebuild the airline’s reputation after a “humbling period” is in jeopardy as a result of the warning about ticket prices.

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Analyst Owen Birrell with RBC Capital Markets predicted that the firm will likely accept the higher fuel costs “until its target margins come under pressure, and then would seek to claw back those costs through capacity cuts and higher fares.”

Given the increased competition, expanding consumer and corporate cost pressures, and incoming reinvestment in the product/platform, we don’t think a substantial earnings shift is possible going forward.

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Severe Turbulence on Qatar Airways Flight from Doha to Dublin Injures 12

Severe Turbulence on Qatar Airways Flight from Doha to Dublin Injures 12

Twelve people, including six crew members, were injured when a Qatar Airways flight from Doha to Dublin encountered severe turbulence.

The incident occurred while the aircraft was flying over Turkey. Dublin Airport confirmed the injuries through a post on X (formerly Twitter), stating that the plane was met by emergency services upon landing.

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This response included the Airport Police and the Fire and Rescue department due to reports of injuries among both passengers and crew. The airport’s statement noted, “Upon landing, the aircraft was met by emergency services, including Airport Police and our Fire and Rescue department, due to six passengers and six crew reporting injuries after the aircraft experienced turbulence while airborne over Turkey.

The Dublin Airport team is providing full assistance on the ground to passengers and airline staff. Qatar Airways has initiated an internal investigation into the incident. The airline emphasized that the safety and security of its passengers and crew are its top priorities.

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Health authorities reported that 20 people remain in intensive care following the turbulence incident. Some individuals sustained serious injuries, including those to the spinal cord, brain, and skull.

Passenger Paul Mocc described the chaotic scene to Irish broadcaster RTE, recalling people “hitting the roof” and food and drink being thrown around. He noted that despite some crew members limping with bandages, they managed to continue providing service to passengers.

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FAA reveals that 300 Boeing planes could result in fuel tank explosions

FAA reveals that 300 Boeing planes could result in fuel tank explosions

The Federal Aviation Administration (FAA) has brought attention to a concerning issue with Boeing aircraft that could lead to fuel tank explosions, adding to the litany of safety concerns surrounding the aerospace giant’s products.

According to a proposed rule from the FAA, Boeing’s 777 liner has been found to have dangerously poor electrical insulation near its fuel tank, posing a significant risk of ignition and subsequent fire or explosion. This revelation comes amid heightened scrutiny of Boeing’s aircraft due to several recent incidents highlighting potential safety flaws.

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The impacted aircraft encompass nearly 300 Boeing 777s across the United States, including various models such as the 777-200, -200LR, -300, -300ER, and 777F series. In response to the discovery, the FAA has proposed a $14 million solution to address the issue across all 292 affected US-registered airplanes.

The proposed solution involves the installation of electrical bonding and grounding components in the center fuel tank, as outlined in the proposed Airworthiness Directive (AD) issued by the FAA. This comprehensive repair process includes extensive inspections, lasting approximately 90 hours per aircraft, followed by the installation of Teflon sleeves and cap fasteners in specific areas of the fuel tanks.

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Crucially, the financial burden of these repairs would not fall on Boeing but on the operators and airlines that own the affected aircraft. The proposed timeline for completing the repairs extends up to 60 months.

Boeing, in response to the FAA’s proposed rulemaking, expressed its full support for making the guidance mandatory and emphasized that the issue does not present an immediate safety-of-flight concern. The company highlighted the multiple redundancies built into modern commercial airplanes to mitigate risks from electromagnetic effects.

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Airbus A340s Join SpiceJet Fleet for Delhi-Bangkok Flights, Replacing Boeing 737s

Airbus A340s Join SpiceJet Fleet for Delhi-Bangkok Flights, Replacing Boeing 737s

In a strategic move aimed at accommodating the surge in demand during the holiday season, SpiceJet has announced a significant upgrade to its Delhi-Bangkok route.

The airline revealed plans to swap out its narrow-body Boeing 737s with wide-body Airbus A340s, marking a substantial increase in seating capacity and comfort for passengers. Commencing on May 31 and extending until June 20, 2024, travelers on the Delhi-Bangkok route can expect a notable enhancement in their flying experience.

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The introduction of the Airbus A340s, with a seating capacity of 324 passengers per flight, promises to meet the escalating demand for travel between the two bustling destinations.

SpiceJet’s commitment to providing unparalleled service to its customers, particularly during peak travel periods. By leveraging the larger capacity of the A340s, the airline aims to ensure that passengers have greater flexibility and convenience in planning their journeys.

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The decision to upgrade to wide-body aircraft comes at a time when Bangkok continues to allure Indian travelers with its vibrant blend of work and leisure opportunities, further facilitated by visa-free entry for Indians. Recognizing the importance of catering to this growing demand, SpiceJet’s move is poised to strengthen its position in the market and solidify its reputation for customer-centric innovation.

It’s worth noting that SpiceJet’s utilization of the Airbus A340s extends beyond the Delhi-Bangkok route. The airline currently operates two A340s, sourced from Romanian operator Legend Airlines, primarily for Hajj pilgrimage flights.

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