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Talks between Qantas and JAL for a low-cost carrier

Tokyo, Japan - A project that is far-back under examination

It is promised the creation of a new low-cost transport service for Qantas Airways and Japan Airlines (JAL), in a time when both companies need to recur in the market to raise profits. According to a Japanese newspaper the joint-venture will have a capitalization between 10 and 20 billion yen (115-230 million dollars), each partner will have 30% of the shares and may also be involved other investors...

AVIONEWS - World Aeronautical Press Agency - 1131575
Rome, Italy, 07/01/2011 12:43
AVIONEWS - World Aeronautical Press Agency

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