Updated with Jetstar statement*
For some time now aircraft spotter sites and Pprune, which sometimes hosts some very interesting discussions, have been publishing photos and registration lists of unemployed Jetstar franchise A320s parked at Toulouse, Narita and even Bordeaux.
Some carry Japan registrations, some for an approval pending Hong Kong operation in which the Ho dynasty will take instructions from Qantas ( no really) and some have temporary French registrations, normal for aircraft that have come off the Airbus lines, but not been finally delivered to the customer.
The Jetstars photographed include some with their engines covered. They are expensive to park, to store, and to finance when they are not earning their keep, as lease fees or other charges continue whether the jet is earning revenue or not.
Some of these jets would have been idle for months. It is claimed that some of the daily airport charges are as high as $US20,000, but we can’t vouch for that, even though a fraction of that daily amount per jet would be painful for Qantas in its current state.
Which is why Qantas has been asked for a definitive list of delivered but idle Jetstar A320s. Plus an accounting of the full costs being incurred by these jets for finance or lease charges, or other fixed costs. By some counts there are as many as around 11 Jetstar A320s doing nothing but burning cash at the moment.
What isn’t needed is another load of rubbish from Qantas management about how this is all the work of evil foreign government carriers (other than Emirates of course). What is needed is an accounting for the consequences of a serious failure to efficiently and profitably manage the Jetstar business.
No doubt the Qantas board, let by the geniuses that have overseen the massive destruction of shareholder value that has occurred in the company for the past five or more years, are pestering group CEO Alan Joyce for answers.
Those answers are seriously overdue.
· The Jetstar Group’s fleet order strategy allows for a flexible approach with the allocation of flying resources.
· Following the delay in the launch of Jetstar Hong Kong, the Jetstar Hong Kong Board is evaluating options to manage their fleet in the short term, with a number of aircraft currently in Toulouse.
· Jetstar Japan is Japan’s fastest growing LCC and any spare aircraft will be used to support the establishment of the airline’s planned second base in Osaka this year.
· The Jetstar Group will continue to expand its operations in 2014 including the launch of Jetstar Hong Kong, subject to regulatory approval, the establishment of an Osaka base to support the continued growth of Jetstar Japan and growth in Australia for Jetstar Airways.