Jetstar Japan gets A$114m cash injection

SYDNEY: Qantas Airways and Japan Airlines (JAL) are injecting A$114 million (RM328 million) into Jetstar Japan to bolster its growth as the low-cost carrier prepares to start international flights next year. Qantas said a number of fundamentals for Jetstar Japan œare tracking at or ahead of expectations as it announced the funding boost yesterday. œYear-to-date yields are up nine per cent compared to the previous year and year-on-year revenue growth per passenger remains strong after increasing 15 per cent in full-year 2014, the Australian airline said. Reuters

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