Close
Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Seeking a Lionís Share of Jetstar
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Seeking a Lionís Share of Jetstar

Lion Air Reported to be Seeking to a 49% Share of Jetstar from Qantas Airways


Bali News: Seeking a Lionís Share of Jetstar
Click Image to Enlarge

(7/19/2014)

Reuter’s reports that the fast-expanding Indonesian airline Lion Air Group is involved in discussions with Qantas Airways aimed at obtaining a share in the Australian carrier's Singapore-based affiliate Jetstar.

At stake is a 49% share of Jetstar Asia Airways.

An unnamed source says the discussions have been underway for several months but are still at what is described as an “early stage.”

Assuming a deal can be struck, permission to go ahead with the acquisition would be subject to approval by the Singaporean government.

Meanwhile, Singapore Civil Aviation authorities, Qantas, Jetstar and Lion Air Group are all refusing to comment on the discussions, with a Qantas spokesman labeling the new as “speculation.”

Qantas is suffering stiff competition and is reported to have suffered deep losses in the second half of 2013.

Trying to halt financial hemorrhaging, Qantas has cut staff, reduced spending and sold off aircraft deemed to be fuel guzzlers. At the same time, any expansion programs for Jetstar have been put on hold.

Lion Air now has a combined fleet of more than 500 aircraft and has long declared an interest in getting a foothold in the lucrative Australian aviation market,

Ambitious in its future plans, Lion Air want to double its fleet by 2030 and is floating ideas of operating its own airport quartered within an exclusive residential complex.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
The Yak Awards 2014
ĎA Decade of Decadenceí Party at Mozaic Beach Club Marks the 10th Annual Yak Awards
(11/17/2014)
Youíre One in Three or Four Million
Bali by the Numbers: Bali Now Almost Certain to End 2014 with 3.75 million Foreign Visitors
(11/17/2014)
The Very Bare Necessities
Minimum Wage Levels for Bali Announced for 2015
(11/20/2014)
How You Going to Keep Them Down on the Farm
Large Downturn in Balinese Working in Agricultural Sector.
(11/17/2014)
And the Verdict is . . .
Two Men Charged with February Murder of American Paul Latourell Facing Potential prison Sentences of 15 and 3 Years
(11/17/2014)
Bali Safari Marine Park Celebrates 7th Anniversary
The Bali Safari and Marine Park celebrates 7th anniversary on Thursday, November 13, 2014.
(11/17/2014)
President Widodo Pauses in Paradise
Indonesian President Joko Widodo Makes a ĎTransit Stopí in Bali on his way to the G-20 Summit in Brisbane
(11/17/2014)
Philippine Taxi Drivers in Bali?
Governor Pastika Concerned that Workers in Bali May be Unable to Compete Under Free Movement of Workers Between ASEAN Countries Starting in 2015
(11/17/2014)
The Rupiah Rules
Airline Tickets Agents, Hotels and Restaurants in Indonesia Required to Transact Their Business in Indonesian Rupiahs
(11/17/2014)
Profits Disappearing into Thin Air
Q3 2014: Garuda Indonesia Loses US$219.5 million
(11/17/2014)
A Case of Reverse Thrust
Garuda Indonesia Flight Cancelled from Banyuwangi to Bali as Aircraft Rolls Backward Off the Runway
(11/17/2014)
Raising Indonesiaís Aviation Game
Minister of Transportation Says Indonesia will Take Steps to Comply with Highest Aviation Standards of FAA and ICAO
(11/17/2014)
All [News]!