Jumbo jets have almost disappeared, but one airline is sticking with them
Each slowed from their purposeful stride, or stopped entirely, transfixed. For parked on the apron in the near darkness, with twinkling navigation lights suggesting imminent distant adventures, was a Boeing 747-8. Huge, majestic – and very rare.
There are 25,000 blue whales, an animal to which the jumbo jet is frequently compared, navigating the planet, but now only about 50 747s in active passenger service, the vast majority of top-tier carriers (including Qantas in 2020), having retired them in favour of newer models.
Their decline has been long and drawn out, but was hastened by the COVID pandemic, which saw hundreds sold to cargo airlines or simply scrapped. It seems this four-engine behemoth, first flown commercially in 1970, is no longer financially viable in an era of increasingly-efficient twin-engined jets. The final passenger-configured jumbo was delivered eight years ago, and Boeing has no plans to restart the production line.
But one European airline hasn't turned its back on the 747 just yet. Germany's Lufthansa, perceived by many to be aviation's kings of efficiency, still operates 27 jumbo jets – 19 of the newer 747-8s, and eight older, slightly smaller 747-400s – and is even upgrading some jumbo jet interiors with swanky new Allegris seats as part of a €2.5 billion ($A4.4 billion) Lufthansa fleet-wide refit.
Why the lingering attachment? Part of the reason is simple and unromantic economics. According to aviation analysts, operations out of its Frankfurt and Munich hubs are each at take-off slot capacity.
So, with flight numbers capped, Lufthansa really needs its biggest aircraft, and the 364-seat 747s-8s drop neatly between the Airbus A350 (293 seats) and A380 (455 seats).
Furthermore, jumbos, despite their age, have a cracking range of nearly 13,000 kilometres and remain among the fastest passenger jets in the sky (reaching speeds of more than 1100 km/h).
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The Age
6 hours ago
- The Age
Why the Voss call is easier for Carlton than the Goodwin call for Melbourne
They have gun players who've either flirted with the idea of leaving (Charlie Curnow) or made plain their unhappiness and wish to get out (Christian Petracca). In Oliver's case, it was the club that first raised the prospect of trading him, only to baulk when he was ready to join Geelong; it is a non-deal that the Demons should regret. Despite the shared problems and superficially similar situations, there's a clear difference in the nature of the coach calls that Carlton and Melbourne confront. Carlton are in a better position to judge Voss – and to remove him, if that's deemed necessary – even though he's only in his fourth season with the Blues. How so? The Blues have had their new CEO in the building for the entire 2025 season, even though Wright has been the understudy – the dauphin, if you like – to exiting chief executive Brian Cook. Their president, Rob Priestley, assumed the role early this year ahead of schedule following the scandal that saw off his predecessor Luke Sayers. Priestley, the chairman of J.P. Morgan, had been tapped as Sayers' successor for some time, and is more than familiar with the football department's workings and worries. Loading The Demons, conversely, have had only an interim CEO this year, David Chippindall, and the new CEO Paul Guerra won't be installed until next month. The presidency, too, is in transition. Brad Green holds the role now, but is slated to hand over to a former player (and lawyer) from an earlier generation, ex-MCC chairman Steven Smith, later this year. Carlton's shot callers – Wright, in particular – have had a front-row seat to observe Voss during 2025. Further, Wright's had a full season to assess the playing list, list management, high performance and culture. Oh, and a detailed understanding of their salary cap and contracts (another unfortunate parallel – the Blues and Dees have paid a huge amount to stars, and have accordingly tight player payments). Guerra, when he arrives, will be on a steeper learning curve than health ministers during COVID. Unlike Wright, he is not a football expert, and will have to defer to the judgment of others, such as Smith, Green and ex-All Blacks manager Darren Shand, who did the recent review of the Demons' football operations. Carlton have the more stable leadership. Their CEO, board and president have been in place and should know the score. This column is not venturing a view on whether Voss should be sacked. Not now. The point is that the Blues have a better vantage to judge their coach's suitability than Melbourne, despite Goodwin's nine years in the job. It is debatable which of these coaches has encountered more turbulence, if you count matters such as supporter unrest (Goodwin grateful for added security at Marvel Stadium on Saturday), and frenzied media intrusion – Carlton, as the bigger prey, will always draw heavier fire. Goodwin, however, has had more obstacles in his path when factoring in board instability, the questions over player behaviour – dating back to the Entrecote dust-up and peaking around the drug suspension of Joel Smith – and the separate but equally damaging circuses around Petracca and Oliver. Loading Did Goodwin's methods or management contribute to these problems that made his coaching life difficult after 2022? Possibly. But there were also factors outside his domain, which made it harder to have a singular focus on coaching. Goodwin appeared to have done enough mid-season, on the back of a victory at the Gabba, to hold his position next year, as I suggested. Results since, 'have not necessarily been to [his] advantage', to borrow from the Japanese emperor Hirohito's surrender speech. The Demons have gone south. Voss' curse has been injury, both in 2024 and this year. This must be considered when judgment day comes. The Wright call, however, will be predicated on whether the coach has the right stuff for 2026 and beyond. Most crucial to Carlton and Melbourne's self-examinations will be their understanding of their position – ie, if they are undertaking mini-rebuilds or refreshing of their lists (the Demons have put their toe in those waters already), or if either believe they can re-jig, find some mature players from rivals and scale the mountain quickly. The Blues are committed to father-son Harry Dean and to Andrew Walker's gun son Cody, and will regain Jagga Smith, a top-three pick in 2024, over the next two post-seasons. This necessarily gives them signposts for the future. How quickly can those kids come on alongside Curnow, Jacob Weitering and Sam Walsh? Knowing precisely where you're situated in the premiership cycle is paramount. Once you're sorted on that front, the calls on players, coaches and recruiting follow.
Sydney Morning Herald
6 hours ago
- Sydney Morning Herald
Why the Voss call is easier for Carlton than the Goodwin call for Melbourne
They have gun players who've either flirted with the idea of leaving (Charlie Curnow) or made plain their unhappiness and wish to get out (Christian Petracca). In Oliver's case, it was the club that first raised the prospect of trading him, only to baulk when he was ready to join Geelong; it is a non-deal that the Demons should regret. Despite the shared problems and superficially similar situations, there's a clear difference in the nature of the coach calls that Carlton and Melbourne confront. Carlton are in a better position to judge Voss – and to remove him, if that's deemed necessary – even though he's only in his fourth season with the Blues. How so? The Blues have had their new CEO in the building for the entire 2025 season, even though Wright has been the understudy – the dauphin, if you like – to exiting chief executive Brian Cook. Their president, Rob Priestley, assumed the role early this year ahead of schedule following the scandal that saw off his predecessor Luke Sayers. Priestley, the chairman of J.P. Morgan, had been tapped as Sayers' successor for some time, and is more than familiar with the football department's workings and worries. Loading The Demons, conversely, have had only an interim CEO this year, David Chippindall, and the new CEO Paul Guerra won't be installed until next month. The presidency, too, is in transition. Brad Green holds the role now, but is slated to hand over to a former player (and lawyer) from an earlier generation, ex-MCC chairman Steven Smith, later this year. Carlton's shot callers – Wright, in particular – have had a front-row seat to observe Voss during 2025. Further, Wright's had a full season to assess the playing list, list management, high performance and culture. Oh, and a detailed understanding of their salary cap and contracts (another unfortunate parallel – the Blues and Dees have paid a huge amount to stars, and have accordingly tight player payments). Guerra, when he arrives, will be on a steeper learning curve than health ministers during COVID. Unlike Wright, he is not a football expert, and will have to defer to the judgment of others, such as Smith, Green and ex-All Blacks manager Darren Shand, who did the recent review of the Demons' football operations. Carlton have the more stable leadership. Their CEO, board and president have been in place and should know the score. This column is not venturing a view on whether Voss should be sacked. Not now. The point is that the Blues have a better vantage to judge their coach's suitability than Melbourne, despite Goodwin's nine years in the job. It is debatable which of these coaches has encountered more turbulence, if you count matters such as supporter unrest (Goodwin grateful for added security at Marvel Stadium on Saturday), and frenzied media intrusion – Carlton, as the bigger prey, will always draw heavier fire. Goodwin, however, has had more obstacles in his path when factoring in board instability, the questions over player behaviour – dating back to the Entrecote dust-up and peaking around the drug suspension of Joel Smith – and the separate but equally damaging circuses around Petracca and Oliver. Loading Did Goodwin's methods or management contribute to these problems that made his coaching life difficult after 2022? Possibly. But there were also factors outside his domain, which made it harder to have a singular focus on coaching. Goodwin appeared to have done enough mid-season, on the back of a victory at the Gabba, to hold his position next year, as I suggested. Results since, 'have not necessarily been to [his] advantage', to borrow from the Japanese emperor Hirohito's surrender speech. The Demons have gone south. Voss' curse has been injury, both in 2024 and this year. This must be considered when judgment day comes. The Wright call, however, will be predicated on whether the coach has the right stuff for 2026 and beyond. Most crucial to Carlton and Melbourne's self-examinations will be their understanding of their position – ie, if they are undertaking mini-rebuilds or refreshing of their lists (the Demons have put their toe in those waters already), or if either believe they can re-jig, find some mature players from rivals and scale the mountain quickly. The Blues are committed to father-son Harry Dean and to Andrew Walker's gun son Cody, and will regain Jagga Smith, a top-three pick in 2024, over the next two post-seasons. This necessarily gives them signposts for the future. How quickly can those kids come on alongside Curnow, Jacob Weitering and Sam Walsh? Knowing precisely where you're situated in the premiership cycle is paramount. Once you're sorted on that front, the calls on players, coaches and recruiting follow.
The Advertiser
16 hours ago
- The Advertiser
Newcastle to become state's first berthing for luxury superyachts
The Newcastle Cruising Yacht Club will be the beneficiary of $5 million in state funding to expand its berthing marina to accommodate up eight luxe superyachts in a move that it promises will be a boon for the regional tourism economy. Club CEO Paul O'Rourke said there were about 30 superyachts owned in Australia, but the country was a premier destination for repair and vessel maintenance in the Southern Hemisphere such that it was expected to account for some eight per cent of the global market by the end of the year, amounting to around 533 vessels. The funding is expected to be put towards building 200 metres of dedicated marina berth that is specifically designed to accommodate the larger vessels, with extra weight and power facilities. The move to expand the Newcastle marina on Hannell Street is expected to put Newcastle in a competitive stead with Queensland, long regarded as the Australian home for superyacht construction, and will represent the only such dedicated maintenance berth in NSW. Mr O'Rourke said, while Newcastle would not build the vessels, positioning the city as a maintenance hub for the yachts that are estimated to cost between $2 million and $5 million a year to run, would unlock the Pacific for European travellers and see tourism spending flow through the Hunter. "There are probably over 30 superyachts in Australia at the moment," he said. "But the key is there are 100 coming. There are a lot of superyachts in Europe that all want to come to Australia and the Pacific, and at the moment we don't have the Pacific facilities." "We regularly get phone calls from boats out in Tahiti that want to come to Australia and park up. We haven't got the facility yet." Minister for the Hunter Yasmin Catley said the NSW Government's investment of $5 million, to which the Newcastle yacht club would add 20 per cent of the overall $6 million build costs, made sense for the state's second city. "We are a maritime city," she said. "So, it makes sense for us to can have those yachts that can travel from as far far as Europe on their way up to Northern Queensland and to further places into the Pacific." "This will become their go-to stopover." The yacht club's Commodore, Barry Kelly, said the completed projected which is estimated to be about two years away, would be equipped to provide "medium-level" maintenance to the vessels, replacing parts and servicing engines and complex onboard systems, that would generate jobs in the region. "Superyachts spend about four times as much in the region as they do on the berthing," he said. "Our spend on maintaining this facility in the last financial year was about $800,000." The funding has been carved out of the NSW Regional Development Trust, which Regional NSW Minister Tara Moriarty said was to prop up merit-based projects that would create jobs and economic boons for regional economies. "We have made a big deal out of this new fund and this new way of investing in our regions," she said. "This is really going to make a big difference for the local economy." The $70 million Callisto - believed to have been the largest and most expensive yacht to visit Newcastle - was spotted in the marina in 2019. lt is owned by Barbados billionaire Derrick Smith who was reportedly a co-owner of the renowned Coolmore Stud, which has operations in the Upper Hunter, Ireland and the US. The Australian superyacht sector is estimated to have a fleet value of over $7.5 billion, with annual maintenance expenditure of over $575 million. Operational expenditure in Australia, including crew wages and berthing, is worth about $400 million. A proposal document for the project, seen by the Newcastle Herald, lists more than 400 vessels over 30 metres based in the Asia Pacific. The industry is said to support about 14,500 full-time jobs, paying about $1.2 billion in wages and salaries, and with Sydney reaching capacity, overflow was being directed to Queensland and Victoria. The yacht club's pitch to secure funding amounted to positioning Newcastle to cater to provide a state's-first and one-stop shop for the super rich to dock and have their vessels serviced, estimated to represent up to 1400 jobs. According to Superyachts Australia, the number of luxury vessels in NSW has increased by 52 per cent since 2021, with 17 accounted for in 2023. The economic impact of a visiting vessel was estimated to be about $1.34 million that year. The Newcastle Cruising Yacht Club will be the beneficiary of $5 million in state funding to expand its berthing marina to accommodate up eight luxe superyachts in a move that it promises will be a boon for the regional tourism economy. Club CEO Paul O'Rourke said there were about 30 superyachts owned in Australia, but the country was a premier destination for repair and vessel maintenance in the Southern Hemisphere such that it was expected to account for some eight per cent of the global market by the end of the year, amounting to around 533 vessels. The funding is expected to be put towards building 200 metres of dedicated marina berth that is specifically designed to accommodate the larger vessels, with extra weight and power facilities. The move to expand the Newcastle marina on Hannell Street is expected to put Newcastle in a competitive stead with Queensland, long regarded as the Australian home for superyacht construction, and will represent the only such dedicated maintenance berth in NSW. Mr O'Rourke said, while Newcastle would not build the vessels, positioning the city as a maintenance hub for the yachts that are estimated to cost between $2 million and $5 million a year to run, would unlock the Pacific for European travellers and see tourism spending flow through the Hunter. "There are probably over 30 superyachts in Australia at the moment," he said. "But the key is there are 100 coming. There are a lot of superyachts in Europe that all want to come to Australia and the Pacific, and at the moment we don't have the Pacific facilities." "We regularly get phone calls from boats out in Tahiti that want to come to Australia and park up. We haven't got the facility yet." Minister for the Hunter Yasmin Catley said the NSW Government's investment of $5 million, to which the Newcastle yacht club would add 20 per cent of the overall $6 million build costs, made sense for the state's second city. "We are a maritime city," she said. "So, it makes sense for us to can have those yachts that can travel from as far far as Europe on their way up to Northern Queensland and to further places into the Pacific." "This will become their go-to stopover." The yacht club's Commodore, Barry Kelly, said the completed projected which is estimated to be about two years away, would be equipped to provide "medium-level" maintenance to the vessels, replacing parts and servicing engines and complex onboard systems, that would generate jobs in the region. "Superyachts spend about four times as much in the region as they do on the berthing," he said. "Our spend on maintaining this facility in the last financial year was about $800,000." The funding has been carved out of the NSW Regional Development Trust, which Regional NSW Minister Tara Moriarty said was to prop up merit-based projects that would create jobs and economic boons for regional economies. "We have made a big deal out of this new fund and this new way of investing in our regions," she said. "This is really going to make a big difference for the local economy." The $70 million Callisto - believed to have been the largest and most expensive yacht to visit Newcastle - was spotted in the marina in 2019. lt is owned by Barbados billionaire Derrick Smith who was reportedly a co-owner of the renowned Coolmore Stud, which has operations in the Upper Hunter, Ireland and the US. The Australian superyacht sector is estimated to have a fleet value of over $7.5 billion, with annual maintenance expenditure of over $575 million. Operational expenditure in Australia, including crew wages and berthing, is worth about $400 million. A proposal document for the project, seen by the Newcastle Herald, lists more than 400 vessels over 30 metres based in the Asia Pacific. The industry is said to support about 14,500 full-time jobs, paying about $1.2 billion in wages and salaries, and with Sydney reaching capacity, overflow was being directed to Queensland and Victoria. The yacht club's pitch to secure funding amounted to positioning Newcastle to cater to provide a state's-first and one-stop shop for the super rich to dock and have their vessels serviced, estimated to represent up to 1400 jobs. According to Superyachts Australia, the number of luxury vessels in NSW has increased by 52 per cent since 2021, with 17 accounted for in 2023. The economic impact of a visiting vessel was estimated to be about $1.34 million that year. The Newcastle Cruising Yacht Club will be the beneficiary of $5 million in state funding to expand its berthing marina to accommodate up eight luxe superyachts in a move that it promises will be a boon for the regional tourism economy. Club CEO Paul O'Rourke said there were about 30 superyachts owned in Australia, but the country was a premier destination for repair and vessel maintenance in the Southern Hemisphere such that it was expected to account for some eight per cent of the global market by the end of the year, amounting to around 533 vessels. The funding is expected to be put towards building 200 metres of dedicated marina berth that is specifically designed to accommodate the larger vessels, with extra weight and power facilities. The move to expand the Newcastle marina on Hannell Street is expected to put Newcastle in a competitive stead with Queensland, long regarded as the Australian home for superyacht construction, and will represent the only such dedicated maintenance berth in NSW. Mr O'Rourke said, while Newcastle would not build the vessels, positioning the city as a maintenance hub for the yachts that are estimated to cost between $2 million and $5 million a year to run, would unlock the Pacific for European travellers and see tourism spending flow through the Hunter. "There are probably over 30 superyachts in Australia at the moment," he said. "But the key is there are 100 coming. There are a lot of superyachts in Europe that all want to come to Australia and the Pacific, and at the moment we don't have the Pacific facilities." "We regularly get phone calls from boats out in Tahiti that want to come to Australia and park up. We haven't got the facility yet." Minister for the Hunter Yasmin Catley said the NSW Government's investment of $5 million, to which the Newcastle yacht club would add 20 per cent of the overall $6 million build costs, made sense for the state's second city. "We are a maritime city," she said. "So, it makes sense for us to can have those yachts that can travel from as far far as Europe on their way up to Northern Queensland and to further places into the Pacific." "This will become their go-to stopover." The yacht club's Commodore, Barry Kelly, said the completed projected which is estimated to be about two years away, would be equipped to provide "medium-level" maintenance to the vessels, replacing parts and servicing engines and complex onboard systems, that would generate jobs in the region. "Superyachts spend about four times as much in the region as they do on the berthing," he said. "Our spend on maintaining this facility in the last financial year was about $800,000." The funding has been carved out of the NSW Regional Development Trust, which Regional NSW Minister Tara Moriarty said was to prop up merit-based projects that would create jobs and economic boons for regional economies. "We have made a big deal out of this new fund and this new way of investing in our regions," she said. "This is really going to make a big difference for the local economy." The $70 million Callisto - believed to have been the largest and most expensive yacht to visit Newcastle - was spotted in the marina in 2019. lt is owned by Barbados billionaire Derrick Smith who was reportedly a co-owner of the renowned Coolmore Stud, which has operations in the Upper Hunter, Ireland and the US. The Australian superyacht sector is estimated to have a fleet value of over $7.5 billion, with annual maintenance expenditure of over $575 million. Operational expenditure in Australia, including crew wages and berthing, is worth about $400 million. A proposal document for the project, seen by the Newcastle Herald, lists more than 400 vessels over 30 metres based in the Asia Pacific. The industry is said to support about 14,500 full-time jobs, paying about $1.2 billion in wages and salaries, and with Sydney reaching capacity, overflow was being directed to Queensland and Victoria. The yacht club's pitch to secure funding amounted to positioning Newcastle to cater to provide a state's-first and one-stop shop for the super rich to dock and have their vessels serviced, estimated to represent up to 1400 jobs. According to Superyachts Australia, the number of luxury vessels in NSW has increased by 52 per cent since 2021, with 17 accounted for in 2023. The economic impact of a visiting vessel was estimated to be about $1.34 million that year. The Newcastle Cruising Yacht Club will be the beneficiary of $5 million in state funding to expand its berthing marina to accommodate up eight luxe superyachts in a move that it promises will be a boon for the regional tourism economy. Club CEO Paul O'Rourke said there were about 30 superyachts owned in Australia, but the country was a premier destination for repair and vessel maintenance in the Southern Hemisphere such that it was expected to account for some eight per cent of the global market by the end of the year, amounting to around 533 vessels. The funding is expected to be put towards building 200 metres of dedicated marina berth that is specifically designed to accommodate the larger vessels, with extra weight and power facilities. The move to expand the Newcastle marina on Hannell Street is expected to put Newcastle in a competitive stead with Queensland, long regarded as the Australian home for superyacht construction, and will represent the only such dedicated maintenance berth in NSW. Mr O'Rourke said, while Newcastle would not build the vessels, positioning the city as a maintenance hub for the yachts that are estimated to cost between $2 million and $5 million a year to run, would unlock the Pacific for European travellers and see tourism spending flow through the Hunter. "There are probably over 30 superyachts in Australia at the moment," he said. "But the key is there are 100 coming. There are a lot of superyachts in Europe that all want to come to Australia and the Pacific, and at the moment we don't have the Pacific facilities." "We regularly get phone calls from boats out in Tahiti that want to come to Australia and park up. We haven't got the facility yet." Minister for the Hunter Yasmin Catley said the NSW Government's investment of $5 million, to which the Newcastle yacht club would add 20 per cent of the overall $6 million build costs, made sense for the state's second city. "We are a maritime city," she said. "So, it makes sense for us to can have those yachts that can travel from as far far as Europe on their way up to Northern Queensland and to further places into the Pacific." "This will become their go-to stopover." The yacht club's Commodore, Barry Kelly, said the completed projected which is estimated to be about two years away, would be equipped to provide "medium-level" maintenance to the vessels, replacing parts and servicing engines and complex onboard systems, that would generate jobs in the region. "Superyachts spend about four times as much in the region as they do on the berthing," he said. "Our spend on maintaining this facility in the last financial year was about $800,000." The funding has been carved out of the NSW Regional Development Trust, which Regional NSW Minister Tara Moriarty said was to prop up merit-based projects that would create jobs and economic boons for regional economies. "We have made a big deal out of this new fund and this new way of investing in our regions," she said. "This is really going to make a big difference for the local economy." The $70 million Callisto - believed to have been the largest and most expensive yacht to visit Newcastle - was spotted in the marina in 2019. lt is owned by Barbados billionaire Derrick Smith who was reportedly a co-owner of the renowned Coolmore Stud, which has operations in the Upper Hunter, Ireland and the US. The Australian superyacht sector is estimated to have a fleet value of over $7.5 billion, with annual maintenance expenditure of over $575 million. Operational expenditure in Australia, including crew wages and berthing, is worth about $400 million. A proposal document for the project, seen by the Newcastle Herald, lists more than 400 vessels over 30 metres based in the Asia Pacific. The industry is said to support about 14,500 full-time jobs, paying about $1.2 billion in wages and salaries, and with Sydney reaching capacity, overflow was being directed to Queensland and Victoria. The yacht club's pitch to secure funding amounted to positioning Newcastle to cater to provide a state's-first and one-stop shop for the super rich to dock and have their vessels serviced, estimated to represent up to 1400 jobs. According to Superyachts Australia, the number of luxury vessels in NSW has increased by 52 per cent since 2021, with 17 accounted for in 2023. The economic impact of a visiting vessel was estimated to be about $1.34 million that year.
