Posts Tagged ‘ Qantas ’

Vietnam Airlines to become major owner of Jetstar Pacific 

January 20, 2012
Vietnam Airlines to become major owner of Jetstar Pacific 

Jetstar Pacific will continue to operate as a low-cost carrier The government’s stake in budget airline Jetstar Pacific, held via the State Capital Investment Corp., will be transferred to national carrier Vietnam Airlines, local media reported Wednesday, citing a directive. Jetstar Pacific, which is partly owned by Australia’s Qantas, will continue to operate as a [...]

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Jetstar Pacific not being taken over, group says 

December 12, 2011
Jetstar Pacific not being taken over, group says 

Jetstar Group CEO Bruce Buchanan said the company remained committed to the Vietnamese market Budget airline Jetstar Group on Thursday denied reports that its Vietnam-based offshoot will be absorbed into national carrier Vietnam Airlines due to financial problems. “Jetstar has reiterated its commitment to Jetstar Pacific and dismissed erroneous claims that [it] is to be [...]

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Australia labor tribunal seeks to get Qantas fleet 

October 30, 2011
Australia labor tribunal seeks to get Qantas fleet 

A Qantas plane is seen grounded among smaller aircrafts at Perth international airport October 29, 2011. Qantas Airways sparred with unions at a second labor tribunal on Sunday after Australia’s prime minister called for an end to the industrial dispute that grounded the airline’s entire fleet, stranding tens of thousands of passengers around the world. [...]

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Australia urges Vietnam to expedite Qantas worker questioning

January 19, 2010
Australia urges Vietnam to expedite Qantas worker questioning

The Australian government has urged Vietnamese authorities to speed up questioning of two Qantas Airways Ltd. employees and allow their return to Australia. Australian Foreign Minister Stephen Smith said he spoke with Vietnam’s ambassador to Australia on Jan. 15 about the two executives of Jetstar Pacific, in which Qantas owns a 27 percent stake. Australia [...]

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Safety violations exposed at Jetstar Pacific

January 16, 2010
Safety violations exposed at Jetstar Pacific

Former director general of Jetstar Pacific Luong Hoai Nam. Officials at besieged no-frills carrier Jetstar Pacific (JPA), part-owned by Australia’s Qantas, repeatedly allowed the breach of safety regulations, investigators at Vietnam’s top aviation authority have said. The Civil Aviation Administration of Vietnam (CAAV) said in a report released this week that three Jetstar managers had [...]

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Qantas says confident of Jetstar Pacific investment in Vietnam

January 14, 2010
Qantas says confident of Jetstar Pacific investment in Vietnam

Qantas Airways Ltd., Australia’s largest airline, said it remains “confident” in its 27 percent stake in Jetstar Pacific after Vietnamese aviation authorities raised concerns about safety standards at the carrier. “We remain confident in our investment in Jetstar Pacific and confident in the airline’s total commitment to safety,” Chief Executive Officer Alan Joyce said in [...]

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SCIC pleads ‘not guilty’

December 17, 2009
SCIC pleads ‘not guilty’

Finance Minister Vu Van Ninh and senior staffs of the State Capital Investment Corporation went public on December 15 with explanations of irregularities exposed by an official audit.  Until Vietnamese newspapers latched onto criticisms of extraordinarily high salaries contained in a report by the State Audit Agency early this month, SCIC was an obscure holding [...]

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Why so competitive? Newspaper smells a rat in Vietnam’s aviation sector

December 15, 2009
Why so competitive? Newspaper smells a rat in Vietnam’s aviation sector

LookAtVietnam – Lots of investors want to establish a domestic airline, even though they know Vietnam’s aviation market is relatively small.  Four airlines are flying in Vietnam’s domestic market: the national air flag carrier Vietnam Airlines; Vasco, its air charter subsidiary; Jetstar Pacific Airlines, a joint venture with Australia’s Qantas; and newly launched private carrier [...]

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Qantas to lift stake in Jetstar Pacific to 30 percent

October 17, 2009
Qantas to lift stake in Jetstar Pacific to 30 percent

Australia’s Qantas Airways Ltd. plans to increase its stake in budget airline Jetstar Pacific from 27 to 30 percent next year, a local newswire VietNamNet reported this week. The group, which held 18 percent of the airline a year ago, raised its holding in Jetstar Pacific to 27 percent in August this year, according to [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...