Bloomberg.com, 2 Apr 2009, Robert Fenner
April 2 (Bloomberg) -- Qantas Airways Ltd., Australia’s biggest carrier, and Dennis Choo will take full ownership of two Singapore-based low-cost carriers after buying out partners including Temasek Holdings Pte.
Choo, a Singaporean national, will own 51 percent of Jetstar Asia Airways Pte and Valuair Ltd., with Qantas holding the rest, the Sydney-based carrier said today in a stock exchange statement. No financial details were included in the announcement.
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