Skip to content
Back to Guavy Wire
Stocks

Joyce Regrets Qantas' 2000 Fleet Decision: Opting for Airbus Over 777

Instruments
BA
Share

Qantas' former CEO Alan Joyce regrets a key fleet decision made in 2000. At that time, Qantas chose to order 13 Airbus A330s, 12 A380s, and six Boeing 747-400ERs instead of the then-new Boeing 777-300ER. However, Joyce now believes this was a mistake, citing the superior economics of the 777 for long-haul routes.

The airline had consulted on the design of the 777 but opted for Airbus due to pricing and fleet strategy considerations at the time. This decision reflected Qantas' needs in expanding domestic capacity after Ansett's collapse and upgrading 747 routes. However, the 777-300ER later became an industry staple.

Qantas now operates newer aircraft such as the Boeing 787s and Airbus A350s. Joyce's regret highlights how fleet choices can lock in costs for decades and affect fuel efficiency and route profitability.

More on Stocks

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc