Qantas Airways Ltd. and Air New Zealand Ltd. have both snapped up new planes to boost previous multibillion dollar aircraft orders, suggesting aviation’s lucrative post-Covid travel boom is far from over despite concerns about sky-high fares.
Australian national carrier Qantas on Thursday purchased 12 Boeing Co. 787s and 12 Airbus SE A350s jets to replace its fleet of aging Airbus A330s that shuttle to Asia and the US. The airline has options to buy even more of the aircraft over the next decade.