Qantas increases share in Jetstar Japan

A combined equity injection of ¥11 billion, in the form of non-voting shares, will be equally shared by the two major shareholders, Qantas and Japan Airlines.


Jetstar Qantas


Qantas Airways has provided an equity injection to Jetstar Japan to support the airline’s growth.

News reports have said that a combined equity injection of ¥11 billion, in the form of non-voting shares, will be equally shared by the two major shareholders, Qantas and Japan Airlines.

The investment will increase Qantas and Japan Airlines’ economic interest from 41.7 per cent each to 45.7 per cent each. Mitsubishi Corporation and Century Tokyo Leasing will have 4.3 per cent each of the low cost carrier, down from 8.3 per cent each.