What is the reason behind Qantas mainline purchasing aircraft that are then leased to Jetstar, particularly at a time when mainline has been capitally constrained?
What leasing costs do Jetstar pay for these aircraft? Is this an arm's length arrangement?
Why is it that Jetstar received the late penalty payments for the 787, yet when the aircraft arrived they were purchased by mainline to lease to Jetstar? Explain how this is typical of an arm's length transaction.