Qantas low-cost joint venture Jetstar Asia pulled out of alliance talks with another operator, Valuair, raising further questions about its future in the intra-Asia market. Jetstar Asia head Ken Ryan said the two Singapore-based carriers were unable to reach agreement over the proposed arrangement. Jetstar Asia, 49% owned by Qantas, now is expected to pursue other options to aid its expansion in the highly competitive market. The airline, which began operating in late 2004, has leased out ...

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