Qantas buys Valuair, will merge it with Jetstar Asia
In a deal that may lead to a mega low-cost airline group in Asia, Qantas agreed to pay S$60 million ($36 million) for Singapore-based Valuair, which is to be merged into Qantas's 49%-controlled Jetstar Asia. The deal was confirmed yesterday by Jetstar CEO Ken Ryan, who will take control of Valuair...
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