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.
Reasons for the failure of British Caledonian In December 1987, following substantial losses, the private, British independent airline British Caledonian (BCal) was taken over by newly privatised British Airways (BA).