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Old 27th Jul 2011, 09:46
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Qantas/Jetstar Depreciation and Amortisation

Presented without commentary
All figures are taken from the financial reports, the 'Jetstar' column started in FY 07/08.

Depreciation and Amortisation
Full Year Results 2004/2005 QF 1241million
Full Year Results 2005/2006 QF 1249million
Full Year Results 2007/2008 QF 1469 JQ 4.6million
Full Year Results 2008/2009 QF 1106million JQ 15million
**Half Year Results 2009/2010 QF 548million JQ 31million**

Qantas to buy up to 188 aircraft - Business - Business - smh.com.au
Qantas will acquire 68 A320/A321 aircraft and has 40 options and purchase rights.
A320
Number in Fleet
44 - Jetstar Airways (JQ)
10 - Jetstar Asia (3K)
2 - Valuair (VF)
2 - Jetstar Pacific (BL)
A321
Number in Fleet
6 - Jetstar Airways (JQ)
A330
Number in fleet
9 - Jetstar Airways (JQ)
Qantas flags $550 million profit despite $200 million hit | News.com.au

"Qantas international is the group's weakest business - it has achieved required returns only three times in the past 15 years," Mr Joyce said.
Jetstar half year results, 2010 versus 2009
2010 Underlying EBIT $143 million
2009 Underlying EBIT $121 million
Qantas's fleet of;
8 x A330-200s
10 x A330-300s
10x A380
44x 737-800s
6x 747-400ERs

25x 767-300s <-assumed owned 100% (no depreciation) most are 20 years old no residual value and extremely favorable lease terms for the ZX series
17x 737-400s <-assumed owned 100% (no depreciation) 20 years old no residual value
20x 747-400s <-assumed owned 100% (no depreciation) more are 20 years old no residual value

I ask the question to everyone else. Does something not add up ?
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