Originally Posted by
AerialPerspective
Qantas paid cash for the entire 787-9 fleet as I understand it. The A380s would be on leases but I suspect that after nearly 13 years, the oldest ones would likely be unencumbered. Ditto most of the 737s and A330s.
One of the things that killed VA was its hideously expensive (due to poor negotiation) lease costs compared to QF, so I doubt that the effect of having the aircraft on the ground is debilitating - I suspect most of QF's fleet are hourly lease. Those that were on finance leases are otherwise likely now owned outright.
787s used as security would now make them encumbered.
https://www.flightglobal.com/strateg...137514.article
some debt due to mature very soon.
AJ was smart to secure the loan facility against the new 787s before the arse fell out of their value…
Over 5 billion in debt as of last year.