Analysts see the lease as a cost-effective solution to a capacity shortage.
The aircraft are the first part of a rapid fleet build up to meet increases in demand in Asia. While this is the third time the request has been issued over the past two years, analysts close to the deal say that Qantas will buy this time. Both Airbus and Boeing have confirmed here that they have responded to Qantas, and airline sources say that a decision will be made in two months on a type, with final contracts being signed by year-end. On a non-stop flight from Dallas to Sydney the 777 would arrive at least 35 minutes ahead of the A340, claims Boeing. Last year Qantas' archrival Singapore Airlines dumped the A340 for more 777s, after passenger complaints.