Jetstar reiterates commitment to Vietnam-based LCC

Posted 12/12/2011

Jetstar Airways (JQ) has reiterated its commitment to Jetstar Pacific (BL) and dismissed erroneous claims that the Vietnam-based low-cost carrier will be absorbed as part of a proposed airline deal.

BL is majority owned by the Vietnamese State Capital Investment Corp. (SCIC) and 27% owned by the Qantas Group (QF).

JQ said the misleading claims stem from reports of a proposed ownership swap between SCIC and Vietnam Airlines (VN)—a swap QF has publicly said it supports. QF’s 27% stake would be unaffected by the deal.

Originally published 9 Dec 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/4Qj9Yhuo7BQ/jetstar-reiterates-commitment-vietnam-based-lcc-1209

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