Qantas injects more millions into Jetstar Japan Qantas and Japan Airlines will each make a 5.5 billion yen ($57 million) equity injection into the low cost carrier. Qantas has made its second capital injection into loss-making budget airline Jetstar Japan in just over a year, in an effort to bolster its finances ahead of it starting international flying early next year. Australia's largest airline and Japan Airlines will each make a 5.5 billion yen ($57 million) equity injection into the low-cost carrier, in the form of non-voting shares which will be equally shared by the two major shareholders over two tranches. Qantas said the latest financing was aimed at supporting Jetstar Japan's expansion, which would include the launch of international operations early in the new year. The airline will begin selling tickets before the end of December. Jetstar Japan began flying in July 2012, and now has a fleet of 19 A320 aircraft on 18 routes to 11 domestic destinations in the Asian nation. An extra A320 aircraft will be added to the airline's fleet by the end of the year. Shares in Qantas rallied almost 5 per cent to $1.88 early on Friday after another fall in jet fuel prices and the airline reported the second consecutive month of positive yields - or returns on fares - following a truce in the capacity war with Virgin Australia in the domestic market and reduced competition on international routes. Jetstar Japan was one of three budget airlines that started domestic services in the North Asian nation within six months of each other in 2012. The budget airline lost $120 million last financial year due partly to delays in setting up a second base in Japan at Kansai International Airport in Osaka. The delays to regulators deciding whether to allow Jetstar Japan to set up a second base forced the airline to park planes - all of which are leased - on the ground for some time early this year. Qantas funnelled $60 million into Jetstar Japan in November last year after a weak yen pushed up the budget airline's fuel bill and it faced delays to the base opening in Osaka. The latest contribution takes the amount Qantas has injected into Jetstar Japan to $177 million. However, Qantas said the second base had since led to Jetstar Japan increasing its flying by 20 per cent, and yields so far this year were up by 9 per cent. Jetstar Japan's other minority shareholders, Mitsubishi Corporation and Century Tokyo Leasing Corporation, are again not taking part in the latest financing of the airline. While each of the shareholders' voting rights will remain unchanged, Qantas and Japan Airlines' economic interests will increase to 47.1 per cent each. The economic interest of Mitsubishi and Century Tokyo Lease will drop from 4.35 per cent to 2.94 per cent. Higher costs from Jetstar Japan and Jetstar Hong Kong, which is still awaiting approval to launch services, weighed on the performance of the Jetstar Group last financial year, resulting in it sinking to a $116 million underlying loss. Qantas will also begin daily services from Australia to Haneda in Tokyo next August after it gained access to peak slots at the airport which is closer to the central city than Narita.