Jetstar Airbus A320
Qantas and Japan Airlines (JAL) have made a combined equity injection of ¥11 billion ($111 million)—in the form of non-voting shares—in Jetstar Japan, a joint venture between the Qantas Group, Japan Airlines, Mitsubishi Corp. and Century Tokyo Leasing Corp. The investment, which will be shared equally by the two major shareholders, will increase their economic interest in the low-cost Japanese carrier from 41.7% each to 45.7% each. At the same time, the stakes held by ...
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