Vietnam Airlines and Qantas’s low-cost carrier Jetstar are negotiating a deal that could see Vietnam Airlines becoming the majority shareholder in Jetstar Pacific. A Jetstar spokeswoman in Singapore acknowledges the two are negotiating an equity deal, but she says nothing has been decided yet. Qantas owns 27% of Ho Chi Minh City-based low-cost carrier Jetstar Pacific, while Vietnam’s State Capital Investment Corp. owns 70% and Saigon Tourist Holding Co. owns the remainder. The deal being ...


"Vietnam Airlines May Buy Majority Stake In Jetstar Pacific" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.