Jetstar HK...capital light..is all one hears...minimal losses etc.
Perhaps someone smarter than I can explain who gets the prickly end of the pineapple on the fleet disposition.
So far 8 brand new A320's have been sold off the parking lot in Toulouse.
Catalog price is USD 94m a copy.
QF got a good discount due the large commitment they made in 2011 for the purchase of 110 of the type. Sail away price of about $70m.
There has been no disclosure of the price on the first sale of 6 of the JQHK fleet but the last two went for $41.5m a copy. All have ended up in the hands of Chinese interests.
So half a billion dollars of kit has been recycled at a 40-50% discount.
Where does this show up and in who's books?
Would it be fair to assume that the Chinese investments/loans in JQHK are already covered via these transactions?