Singapore-based low-cost carriers Jetstar Asia and Valuair are again discussing a merger, having only recently decided against a tie-up. Jetstar Asia’s main owner Qantas is reportedly offering to inject S$50 million ($30 million) into the merged entity. Since Valuair and Jetstar Asia launched last year each has lost millions and, especially in the case of Jetstar Asia, suffered problems expanding.
Source: Flight International