Qantas Group increased its ownership in Orangestar Investment Holdings and its controlled entities (the Jetstar Asia Group) to 49% from a previous 45% on 08-Apr-09. This transaction was completed via a newly incorporated entity, Newstar Investment Holdings, in which Qantas also owns 49%. Through funding from Qantas Group, Newstar acquired 100% of the Jetstar Asia Group, providing Qantas Group with 100% of the economic interest in Jetstar Asia. Consequently, the Jetstar Asia Group is now included in the Qantas Group's financial statements, and was included for the first time in FY2008-09. But the numbers are not particularly good.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: firstname.lastname@example.org