1. Where did the money come from to pay for this aircraft and the others?
2. What are the terms of the leases and why, when there are many leasing companies, does QF feel it necessary to get involved in leasing aircraft to Jetstar?
Has anyone got information on who leases aircraft to the Qantas Group and whether any current or past Board members or Executives are involved in these companies?
Qantas isn't funding these aircraft through its own cash flows.
The aircraft are financed predominantly through the capital markets and the syndicated bank debt market - it's the usual suspects like the major international and domestic banks, plus pension & mutual funds buying asset-backed securities. QAL don't normally bother with local leasing companies as they can finance the aircraft far cheaper themselves.
QAL remain the legal owner of the aircraft but enter into a lease with JetStar on commercial terms that largely match the costs on the financing. The lenders require these sub-leases to be on commercial terms as protection against a QAL default (the lenders can step in and receive the lease payments themselves on a default). There's no real subsidization in the lease agreements with JetStar - the banks and other lenders won't let them.