It seems Qantas are hedging their bets when it comes to the new dreamliner;

Qantas is banking on the arrival of the first batch of new Boeing 787-8 Dreamliners for its budget offshoot Jetstar helping to significantly narrow the gap in costs with Virgin Australia.

But despite the reduction in fuel and maintenance costs offered by the new planes, Qantas will not decide whether to commit to buying up to 50 ofa the stretched version of the Dreamliners - known as the 787-9 - for at least another two years.