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.
Transair (UK) Transair Limited was an early post-World War II private, independent British airline formed in 1947. It began as an air taxi operator at Croydon Airport. In 1953, it started inclusive tour (IT) charter flights. By 1957, Transair became part of the Airwork group. The following year it shifted its operating base and headquarters to Gatwick Airport. In 1960, Transair was absorbed into British United Airways (BUA), as a result of the Airwork — Hunting-Clan merger.