13-Mar-2012 11:58 AM

Century Tokyo Leasing Corp to sign transfer agreement for 16.7% stake in Jetstar Japan within month

Century Tokyo Leasing Corp and Mitsubishi Corp are expected to sign a formal transfer agreement for a 16.7% stake in Jetstar Japan within the month, according to Sankei Biz reports. As previously reported by CAPA, Mitsubishi Corp, which has a 33.4% stake in Jetstar Japan, will transfer 16.7% of its stake in the carrier to Century Tokyo Leasing Corp. The remaining 66.6% of shares are equally split between Japan Airlines and Qantas.