QANTAS A380s

[Bob C]

Can anyone please tell me if QANTAS leases or owns its A380s ?

If they are leased, what is the length of the lease and if they are owned, over what period and what rate can they be depreciated ?

Any help will be greatly appreciated.

Cheers

Bob

[Grahame Hutchison]

The entire A380 fleet are owned by Qantas subsidiaries, and leased back to Qantas Airways Ltd. I think this is accounting smoke and mirrors, and not a true lease from an external ILFC type operation.

From E-Torque November 2011

It is noteworthy that the Qantas Airways Ltd entire A380 fleet are not owned by Qantas Airways Ltd as the Registration Holder but are in fact owned by QF BOC 2008-1 Pty Ltd, QF ECA 2008-2 Pty Ltd, QF ECA A380 2010 No.2 Pty Ltd, and QF ECA A380 2010 No.4 Pty Ltd.

Of the total Qantas group fleet, 64% per cent is claimed by Qantas to be owned, which includes hire purchased and finance leased aircraft with 36 per cent on operating leases.


VH-OQA QF BOC 2008-1 PTY LIMITED
VH-OQB QF BOC 2008-1 PTY LIMITED
VH-OQC QF ECA 2008-2 PTY LIMITED
VH-OQD QF ECA 2008-2 PTY LIMITED
VH-OQE QF ECA 2008-2 PTY LIMITED
VH-OQF QF ECA 2008-2 PTY LIMITED
VH-OQG QF ECA A380 2010 NO.2 PTY LTD
VH-OQH QF ECA A380 2010 NO.4 PTY LIMITED
VH-OQI QF ECA A380 2010 NO.4 PTY LIMITED
VH-OQJ QF ECA A380 2010 NO.2 PTY LTD
VH-OQK QF ECA A380 2011 NO.2 PTY LIMITED
VH-OQL QF ECA A380 2011 NO.2 PTY LIMITED