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: Indonesia, Lion Air Group, Jetstar, Qantas, acquisition
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
How to Ruin a Beach Holiday
Candidasa Beach in East Bali Polluted by Styrofoam Debris from Floating Dock Project
(3/26/2017)
A Devilís Island on an Island in Paradise
Bali Press Report Exposes Inhumane Conditions at Baliís Kerobokan Prison
(3/25/2017)
Cheap Flights Between Bali and Tokyo
AirAsiaX to Fly Four Times a Week Between Bali and Tokyo Starting May 24, 2017
(3/25/2017)
New Parking Tariff at Bali Airport Effective April 1, 2017
Effective April 1, 2017, the price to park vehicles at Baliís Ngurah Rai Airport will increase.
(3/25/2017)
Bad Chemistry
Bali Police Set Up Network with Local Chemical Suppliers to Detect Suspicious Terrorist-Related Activities
(3/25/2017)
Communicating Success in Nusa Dua
Rosalyn Sayswang Heads Marketing Communication at St. Regis Bali Resort and The Laguna Bali
(3/26/2017)
To Reign Over Repast
The Laguna Welcomes Gunnar Kuchenbecker As Director Of Food & Beverage
(3/26/2017)
North-South Toll Road for Bali a Non-Starter?
Public Works Minister Discounts Need for a North-South Toll Road for Bali
(3/25/2017)
Promising to be ĎBiglyí Obedient
Billionaire Owner of Planned Donald Trump Development in Bali Promises to Respect Local Culture and Rules
(3/25/2017)
Counting the Cracks
Bali Officials Count the Damage from March 22, 2017 Earthquake
(3/24/2017)
The Tip of the Tipping Iceberg?
Two Jembrana Regency Officials Apprehended for Accepting Illegal Payments at Gilimanuk Ferry Port
(3/26/2017)
Bali Named the Best, Again
Trip Advisor Travellersí Choice Award 2017 Names Bali the Worldís Best Destination
(3/24/2017)
All [News]!