When did Qantas aquire the airline it bought to challenge low-cost airline Virgin Blue?
Jetstar Airways Jetstar Airways Pty Ltd, trading as Jetstar, is an Australian low-cost airline (self-described as "value based") headquartered in Melbourne. It is a wholly owned subsidiary of Qantas, created in response to the threat posed by low-cost airline Virgin Blue. Jetstar is part of Qantas' two brand strategy of having Qantas Airways for the premium full-service market and Jetstar for the low-cost market. Jetstar carries 8.5% of all passengers travelling in and out of Australia.
Virgin Australia Regional Airlines Virgin Australia Regional Airlines (formerly Skywest) is an Australian regional airline based in Perth; servicing key towns in the state of Western Australia as well as interstate destinations Darwin, Melbourne, Brisbane, Canberra and Sydney. It also serves regional destinations in New South Wales and Queensland and operates charter flights to Bali. In April 2013 Skywest was purchased by Virgin Australia Holdings as its new regional offshoot, and renamed Virgin Australia Regional Airlines.