A familiar and hard-to-miss sight will return to Australian skies today with one of Qantas’ iconic A380 aircraft set to land back in Sydney, 593 days after it departed Australian shores
Almost 600 days after it left Australia to be placed into storage, Qantas A380 Hudson Fysh, named after one of Qantas’ founders, is expected to touch down at Sydney Airport around 3.00pm more than 19 hours after it departed Dresden, Germany. The aircraft recently underwent scheduled maintenance for a new landing gear, after spending the best part of two years in storage during the COVID-19 pandemic.
Its early return comes as the airline gears up for the first two of the superjumbos to return to service in April 2022, following strong demand for international travel, particularly on key routes to Los Angeles and London.
Qantas has taken close to half a million domestic bookings in the past two weeks, compared with around 20,000 in a two-week period in August.
Jetstar’s recent international sale saw 75,000 seats sold in 72 hours
Demand for seats on Qantas’ London to Sydney service has been extremely strong, with Aussies reuniting with family and friends in time for Christmas and more flights added as a result.
Originally expected to remain in long term storage in the Californian desert until the end of 2023, Qantas has since announced that five A380s with upgraded cabins would return ahead of schedule with two to operate flights to Los Angeles from April 2022 and three to operate flights to London from November 2022.
The airline is now working to further accelerate the return of the A380s, with superjumbo flights to London brought forward to July 2022. In addition, a sixth aircraft will arrive before the end of calendar year 2022, with the remaining four A380s expected to return to service by early 2024.
Hudson Fysh will undergo additional maintenance checks in Australia before taking to the skies again in coming weeks as part of crew training
Qantas Chief Pilot Captain Richard Tobiano said it was a terrific day, not just for Qantas crew but also passengers who love flying onboard the national carrier’s flagship aircraft.
“The A380 is a fantastic aircraft and we are very excited to welcome it home today. The early return is symbolic of how quickly demand for international travel has bounced back and this aircraft will play a key role in preparing our crew to return to A380 flying operations in the new year.
“Many of our crew have found other jobs during the pandemic doing everything from working in vaccination hubs and hospital wards to driving buses and tractors, and painting houses.
“Over the next few months, pilots will undergo an extensive retraining period including simulator sessions, training flights and classroom courses to prepare for take-off.”
While it wasn’t flying during the pandemic, the aircraft was cared for by Qantas engineers who carried out regular inspections before it flew to Dresden earlier this year
Six of Qantas’ A380s have had an interior redesign featuring new premium upper deck with new supper club style lounge and brand-new seats across the Business Class and Premium Economy cabins, as well as a main deck refresh including new carpet and curtains. The remaining aircraft will be refitted before they return to service.
The 485-seat A380 is the only aircraft in the Qantas fleet that offers a First Class cabin, popular with Frequent Flyers for its comfortable suites with fully lay flat beds, premium Neil Perry multi-course dining experience, award winning Australian wine cellar and Martin Grant designed First Class PJs.
Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.
Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.
The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.
Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.
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Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.
All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.
The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.
Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.
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Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.
Global commodities are on the move, with oil prices swinging sharply as geopolitical tensions involving Iran fuel uncertainty across energy markets. Traders are closely watching supply risks and political flashpoints, driving short-term volatility.
Precious metals are stealing the spotlight, pushing to record highs as investors seek safety amid inflation concerns, interest-rate uncertainty and rising global risk. At the same time, industrial metals are surging, supported by demand expectations and tightening supply.
To unpack what this means for markets and investors, we’re joined by Kyle Rodda from Capital.com to break down the key drivers behind this powerful commodities rally.
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