28-Dec-2011 11:36 AM

Jetstar in talks with potential investors re stake in Jetstar Japan

Jetstar CEO Bruce Buchanan stated the carrier is in talks with a number of potential investors interested in acquiring a stake in Jetstar Japan, the carrier's JV startup with Japan Airlines and Mitsubishi. Mr Buchanan, quoted by The Australian, stated: "There are quite a few interested parties up there we want to ensure that the partner we bring on brings maximum strategic advantage for the business," Mr Buchanan said. With the addition of a new investor, the carrier will add a fourth partner and Mitsubishi will halve the size of its holding.