Jetstar Asia sees major upside to merger with Valuair

The Jetstar Asia merger with Valuair ( ATWOnline , July 25) is expected to be more of a takeover that will have a significant upside for the Qantas-controlled low-cost airline. Under the S$60 million ($36.1 million) deal that was finalized Friday, the two LCCs, which both are losing money, will be...

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