Qantas will let 1 Boeing 787 option lapse, undecided on others-CE

Qantas Airways will let 1 of its 15 options over Boeing 787-9 Dreamliner jets lapse in February and will make a decision on some others in a "few more months", its CE said Monday. The airline is looking to expand international flying but wants to be judicious about capital spending as it boosts returns to investors as part of a successful turnaround programme. CE Alan Joyce said the airline was examining whether to take more 787s than the 8 already ordered. At the same time it was considering a business case for its budget arm Jetstar to take Airbus' A321neos, he said. "We balance up what are the relative business cases between Jetstar, between Qantas International, Qantas Domestic and Loyalty and figure out given our limited resource of capital what is the best business case to invest the capital in," he said. <br/>