Qantas puts Airbus superjumbo deliveries on hold

SYDNEY - May 04, 2012

The airline said Friday it would not take delivery of the A380s as scheduled in 2013. That would help it cut capital expenditure by $400 million.

Instead, the double-decker superjumbos will arrive during the 2016-17 fiscal year.

Qantas in February deferred for six months the delivery of the first of 50 Boeing 787 Dreamliners it had ordered. That was part of a $700 million capital expenditure reduction. The planes are now due to arrive in mid-2013.

The announcement comes as rival Virgin Australia prepares to bring three wide-bodied Airbus A330s into its fleet by the end of 2012.

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