Qantas revises E-Jet wet-lease deal with Alliance Aviation

Qantas has significantly altered its wet-lease agreement with Alliance Aviation, impacting a key component of the airline’s strategy to optimize operations. The revised arrangement sees a reduction in the number of Embraer 190 aircraft leased from Alliance, decreasing from an initial commitment of 30 to just 23 aircraft. This adjustment is part of Alliance Aviation's broader restructuring efforts aimed at “right sizing” their overall business. Qantas cited this change as necessary due to ongoing operational adjustments and strategic realignment. The modification underscores Qantas’ continued focus on streamlining its fleet size and reducing costs within its network.