[Greg Hyde]

How the 787 will save the Qantas World.

The Qantas Boeing 787-9 will support the airline's cost reduction efforts. (Qantas)

Qantas is aiming for cost savings of $400 million a year for the three years to 2019/20 as the Boeing 787-9 replaces older 747-400s and the use of new technology and innovation supports a more efficient operation both on the ground and in the air.
The airline group spelled out the target at its investor day presentation to the financial community on Friday.

The $400 million in “gross annual benefits” would “more than offset expected annual inflation of $250 million” in the three financial years to June 30 2020, Qantas said.
“This is driven around a lot of new technology, a lot of existing changes to our businesses and how we operate them,” Qantas chief executive Alan Joyce said during the company’s investor day held at its Mascot headquarters.

http://australianaviation.com.au/201...t-three-years/

Note: Also posted in B747 thread