JAL Increases Jetstar Japan Stake To 50%

Credit: Rob Finlayson
Japan Airlines (JAL) has boosted its stake in joint venture (JV) LCC Jetstar Japan, making it the dominant partner in the carrier.The JAL Group recently bought the share of Jetstar Japan that was owned by Mitsubishi Corp. With the addition of Mitsubishi’s 16.7% stake, the JAL Group will own 50% of...

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